$399,950 Last Listed Price
●
Land -
Off Market
5615 Larkin Street
Houston, TX 77007
Studio
0 Bath
$2,440
Est. Monthly
About This Property
Location! Location! Location! Premium 6,500 sqft lot in a highly
desirable Cottage Grove neighborhood. Fantastic opportunity for
investor/builders to maximize profit with many custom build
possibilities. NO back neighbor! the property back to the beautiful
Cottage Grove community park. The building and garage consider to
be a teardown. Excellent location with easy access to all major
freeways. Only minutes to Downtown, Uptown, Memorial Park, Heights
and so many more! Get it while it last!
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
$476
HOA Dues
-
Year Built
1940
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Cap Rate Calculator
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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 #20438617)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2024 | Sold | ||
| Sold | |||
| Apr 6, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Listed by World Wide Realty,LLC | $399,950 | |
| Listed by World Wide Realty,LLC | |||
| | |||
|
Location! Location! Location! Premium 6,500 sqft lot in a highly desirable Cottage Grove neighborhood. Fantastic opportunity for investor/builders to maximize profit with many custom build possibilities. NO back neighbor! the property back to the beautiful Cottage Grove community park. The building and garage consider to be a teardown. Excellent location with easy access to all major freeways. Only minutes to Downtown, Uptown, Memorial Park, Heights and so many more! Get it while it last!
| |||
| Feb 13, 2024 | No longer available | - | |
| No longer available | |||
| Jun 22, 2023 | Listed by World Wide Realty,LLC | $415,000 | |
| Listed by World Wide Realty,LLC | |||
| | |||
|
Location! Location! Location! Premium 6,500 sqft lot in a highly desirable Cottage Grove neighborhood. Fantastic opportunity for investor/builders to maximize profit with many custom build possibilities. NO back neighbor! the property back to the beautiful Cottage Grove community park. The building and garage consider to be a teardown. Excellent location with easy access to all major freeways. Only minutes to Downtown, Uptown, Memorial Park, Heights and so many more! Get it while it last!
| |||
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: Thao Dinh, World Wide Realty,LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 20438617
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Last Updated: 4 months ago
Data Source: HAR , MLS# 20438617
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