$599,000 Last Listed Price
●
House -
Off Market
508 Walton Street
Houston, TX 77009
2 Beds
2 Baths
1,307 Ft²
$616,830
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Welcome to the best of Brooke Smith! Enjoy the charm of a period
Craftsman bungalow with all the modern coveniences of recent
construction: primary en-suite bedroom with walk-in shower, freshly
painted interior & exterior, completely refinished pine floors,
stainless appliances and more. The open concept living/dining area
creates the perfect space to relax with family & friends. Enjoy the
option of two great outdoor spaces from the spacious front porch to
the generously sized backyard appointed with the warm glow of patio
lights and room for a pool. The decked out converted garage
apartment would be perfect for out of town quests, in-laws, or as a
rental income producing opportunity. Conveniently located near
restaurants, parks, & the newly re-imagined Houston Heights Farmers
Market on Airline offering Chris Shepherd restaurants this location
provides all the conveniences that living in The Heights has to
offer.
Unit Size
1,307 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$458
Property Type
House
Property Taxes
$1,004
HOA Dues
-
Year Built
1950
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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 #42080793)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2022 | Sold | ||
| Sold | |||
| Feb 23, 2022 | Listed by Martha Turner Sotheby's | $599,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Welcome to the best of Brooke Smith! Enjoy the charm of a period Craftsman bungalow with all the modern coveniences of recent construction: primary en-suite bedroom with walk-in shower, freshly painted interior & exterior, completely refinished pine floors, stainless appliances and more. The open concept living/dining area creates the perfect space to relax with family & friends. Enjoy the option of two great outdoor spaces from the spacious front porch to the generously sized backyard appointed with the warm glow of patio lights and room for a pool. The decked out converted garage apartment would be perfect for out of town quests, in-laws, or as a rental income producing opportunity. Conveniently located near restaurants, parks, & the newly re-imagined Houston Heights Farmers Market on Airline offering Chris Shepherd restaurants this location provides all the conveniences that living in The Heights has to offer.
| |||
Property Highlights
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 Central Houston
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Listed by: Kelley Austin, Martha Turner Sotheby's
Last Updated: 5 months ago
Data Source: HAR , MLS# 42080793
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Last Updated: 5 months ago
Data Source: HAR , MLS# 42080793
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