521 Carrell Street
About This Property
new homes will surround this property.. all up and down Carrell. Walk to festivals.. Farmers Market. No restrictions.. Zoned for residential living only. Close to all services and you will attend Harris County's number one school district. TOMBALL ISD. Never flooded 3 bedrooms / 3 baths.. on a 10000 square foot lot. Houses on this side of the tracks are appreciating. So many changes to come.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2023 | Listed by RE/MAX Elite Properties | $240,000 | |
| Listed by RE/MAX Elite Properties | |||
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Welcome to Tomball.. truly a special place, you will love calling this home. The home has been fully renovated.. and is so delightful. Some of the mentionable features include the following; updated flooring, interior, and exterior paint, shaker cabinets in the kitchen and baths, shiny tile backsplash, Quartz countertops, and Soft close shaker cabinets. in the kitchen with stainless steel appliances, fresh light fixtures, a full exterior fence, fresh landscaping, electrical, plumbing and so much more. The lot is a larger-than-average lot..10 K. that's hard to find in Tomball.
new homes will surround this property.. all up and down Carrell. Walk to festivals.. Farmers Market. No restrictions.. Zoned for residential living only. Close to all services and you will attend Harris County's number one school district. TOMBALL ISD. Never flooded 3 bedrooms / 3 baths.. on a 10000 square foot lot. Houses on this side of the tracks are appreciating. So many changes to come.
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| Mar 4, 2022 | Sold | ||
| Sold | |||
| Jan 14, 2022 | Listed by BHGRE Gary Greene | $220,000 | |
| Listed by BHGRE Gary Greene | |||
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Private & Large yard. Home has been updated, granite countertops, large rooms, storage shed new windows and much more. Close to Downtown Tomball, call for a private showing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017