$1,245,000 Last Listed Price
●
House -
Off Market
4214 Amherst Street
West University Place, TX 77005
4 Beds
2 Baths,
2
Half Baths
2,849 Ft²
$1,254,693
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
An Exceptional opportunity and value to create your perfect home.
This well-built traditional brick Lovett home on a premium lot is
ready for you to remodel and bring up to today's luxurious
standards. The first-floor open design permits natural light to
shine throughout and will help make this an easier project as no
walls need to be removed. The roof has been replaced, the
traditional dark oak solid wood floors have been refinished and
both are in excellent shape. This sturdy brick home has good
bones and is very livable, but it needs a good update. The current
design of this home plus the larger lot opens for a downstairs
master addition. Don't forget to check out the upstairs
garage apartment with small kitchenette and full bath. Choose your
upgrades, and you will be rewarded with a wonderful family home
just a short walk from Colonial Park and the West University
Recreation center.
Unit Size
2,849 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$437
Property Type
House
Property Taxes
$2,285
HOA Dues
-
Year Built
1987
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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: 5 months ago (HAR #11992809)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2022 | Sold | ||
| Sold | |||
| Feb 18, 2022 | Listed by All City Real Estate, Ltd. Co. | $1,245,000 | |
| Listed by All City Real Estate, Ltd. Co. | |||
| | |||
|
An Exceptional opportunity and value to create your perfect home. This well-built traditional brick Lovett home on a premium lot is ready for you to remodel and bring up to today’s luxurious standards. The first-floor open design permits natural light to shine throughout and will help make this an easier project as no walls need to be removed. The roof has been replaced, the traditional dark oak solid wood floors have been refinished and both are in excellent shape. This sturdy brick home has good bones and is very livable, but it needs a good update. The current design of this home plus the larger lot opens for a downstairs master addition. Don’t forget to check out the upstairs garage apartment with small kitchenette and full bath. Choose your upgrades, and you will be rewarded with a wonderful family home just a short walk from Colonial Park and the West University Recreation center.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Southwest Houston
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Listed by: Richard Parker, All City Real Estate, Ltd. Co.
Last Updated: 5 months ago
Data Source: HAR , MLS# 11992809
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Last Updated: 5 months ago
Data Source: HAR , MLS# 11992809
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