$699,000 Last Listed Price
●
House -
Off Market
507 Archer Street
Houston, TX 77009
3 Beds
2 Baths
1,740 Ft²
$4,446
Est. Monthly
About This Property
Charming 507 ARCHER, a classic 3/2 bungalow in the heart of Brooke
Smith completely renovated: pex plumbing, electrical,
AC+(2023YR),marble countertops, tray ceilings, windows, oak
hardwoods, period tile floors, 5-paneled doors w/period knobs and
modern lighting included in this full restoration. Kitchen located
in the heart of the home has marble counters, classic cabs
w/soft-close drawers, SS appliances include refrigerator (2022),gas
range, microwave drawer (2021) plus a deep farm sink. The separate
service bar w/glass front cabs is anchored by the orginial brick
stove chimney. Front secondary bedroom sized for dual purpoase
w/ensuite! The secluded primary has spa-like ensuite, long
marble-topped vanity w/dual sinks, deep clawfoot tub, separate
shower, separate water closet and walk-in clothes closet. Swing on
your front porch and grill on your covered side deck. Easy commute
to the heart of the Heights & i-45 into downtown & north and i-10
out west/east. Special interest rate here!
Unit Size
1,740 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$402
Property Type
House
Property Taxes
$1,013
HOA Dues
-
Year Built
1915
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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 #28680990)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 18, 2024 | No longer available | - | |
| No longer available | |||
| Aug 17, 2024 | Listed by eXp Realty LLC | $699,000 | |
| Listed by eXp Realty LLC | |||
| | |||
|
Charming 507 ARCHER, a classic 3/2 bungalow in the heart of Brooke Smith completely renovated: pex plumbing, electrical, AC+(2023YR),marble countertops, tray ceilings, windows, oak hardwoods, period tile floors, 5-paneled doors w/period knobs and modern lighting included in this full restoration. Kitchen located in the heart of the home has marble counters, classic cabs w/soft-close drawers, SS appliances include refrigerator (2022),gas range, microwave drawer (2021) plus a deep farm sink. The separate service bar w/glass front cabs is anchored by the orginial brick stove chimney. Front secondary bedroom sized for dual purpoase w/ensuite! The secluded primary has spa-like ensuite, long marble-topped vanity w/dual sinks, deep clawfoot tub, separate shower, separate water closet and walk-in clothes closet. Swing on your front porch and grill on your covered side deck. Easy commute to the heart of the Heights & i-45 into downtown & north and i-10 out west/east. Special interest rate here!
| |||
| Jul 16, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Dana Shinn, eXp Realty LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 28680990
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Last Updated: 5 months ago
Data Source: HAR , MLS# 28680990
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