$295,000 Last Listed Price
●
House -
Off Market
4121 Lamar Street
Houston, TX 77023
3 Beds
1 Bath
1,797 Ft²
$310,628
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
Charming 1925 Bungalow in the heart of Eastwood! Quaint home
features original hardwood floors, original windows, converted
attic space into a loft.Gorgeous Patio area, a very secluded oasis
in the city! Featuring a 10ft tall fence, there is a pond an extra
feature. A 2000 gallon Koi pond across the front patio, deck
wrapping around the home connecting to the Guesthouse. Also, there
is a bird bath that feeds into the pond and red dragonflies that
come every year. Cozy and artistic vibe that fits in with one of
the trendiest neighborhoods in Houston! There is an additional 550
sq feet second home on the property as well. Close to Patio Cafe's,
UH, MetroRail & Downtown! Home DID NOT FLOOD during Harvey. No
restrictions & No HOA! Prime location!!Easy access to I-45, 288,
and 59N. Owner says must sell to relocate closer to grand
babies!!Property ready to be converted into your dream home! Please
give the agent a 24-hour notice to approve the showing.
Unit Size
1,797 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$164
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1925
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (HAR #58985650)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 7, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2021 | Listed by Summit Realty | $295,000 | |
| Listed by Summit Realty | |||
| | |||
|
Charming 1925 Bungalow in the heart of Eastwood! Quaint home features original hardwood floors, original windows, converted attic space into a loft.Gorgeous Patio area, a very secluded oasis in the city! Featuring a 10ft tall fence, there is a pond an extra feature. A 2000 gallon Koi pond across the front patio, deck wrapping around the home connecting to the Guesthouse. Also, there is a bird bath that feeds into the pond and red dragonflies that come every year. Cozy and artistic vibe that fits in with one of the trendiest neighborhoods in Houston! There is an additional 550 sq feet second home on the property as well. Close to Patio Cafe's, UH, MetroRail & Downtown! Home DID NOT FLOOD during Harvey. No restrictions & No HOA! Prime location!!Easy access to I-45, 288, and 59N. Owner says must sell to relocate closer to grand babies!!Property ready to be converted into your dream home! Please give the agent a 24-hour notice to approve the showing.
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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About South Central Houston
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Listed by: Patrick Lalezari, Summit Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 58985650
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Last Updated: 4 months ago
Data Source: HAR , MLS# 58985650
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