$198,000 Last Listed Price
●
House -
Off Market
621 N Meyer Street
Sealy, TX 77474
2 Beds
1 Bath
1,189 Ft²
$1,257
Est. Monthly
About This Property
This home features new laminate floors and freshly painted
interiors, with significant upgrades that include a complete
kitchen and bathroom remodel, modern ceiling fans and lighting, a
spacious concrete patio, and a full home rewiring. The AC was
replaced in 2020, ensuring comfort year-round.
The large backyard offers plenty of space for outdoor entertaining on the expansive concrete patio. Plus, there's a versatile bonus building in the back, previously used as a living area. With a little TLC, it could be transformed into a space with a kitchenette and bath, adding even more value.
Additionally, the enclosed laundry room is conveniently located just steps from the back door.
This property is a fantastic opportunity for first-time homebuyers or investors looking for an affordable, move-in-ready home.
The large backyard offers plenty of space for outdoor entertaining on the expansive concrete patio. Plus, there's a versatile bonus building in the back, previously used as a living area. With a little TLC, it could be transformed into a space with a kitchenette and bath, adding even more value.
Additionally, the enclosed laundry room is conveniently located just steps from the back door.
This property is a fantastic opportunity for first-time homebuyers or investors looking for an affordable, move-in-ready home.
Unit Size
1,189 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$167
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1923
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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 #2113492)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | Listed by Realm Real Estate Professionals - Katy | $198,000 | |
| Listed by Realm Real Estate Professionals - Katy | |||
| | |||
|
This home features new laminate floors and freshly painted interiors, with significant upgrades that include a complete kitchen and bathroom remodel, modern ceiling fans and lighting, a spacious concrete patio, and a full home rewiring. The AC was replaced in 2020, ensuring comfort year-round.
The large backyard offers plenty of space for outdoor entertaining on the expansive concrete patio. Plus, there's a versatile bonus building in the back, previously used as a living area. With a little TLC, it could be transformed into a space with a kitchenette and bath, adding even more value.
Additionally, the enclosed laundry room is conveniently located just steps from the back door.
This property is a fantastic opportunity for first-time homebuyers or investors looking for an affordable, move-in-ready home.
| |||
| Nov 18, 2021 | Sold | ||
| Sold | |||
| Oct 9, 2021 | Listed by Icon Realty Texas, LLC | $188,000 | |
| Listed by Icon Realty Texas, LLC | |||
| | |||
|
This 2 bedroom 1 bath home has been recently remodeled and is move-in ready. New laminate floors were installed, and the interior has been freshly painted. Updates in the last 5 years include: kitchen and bathroom remodel, ceiling fans and lights, concrete patio, home rewired, new AC in 2020. The backyard is spacious with a large concrete patio for outdoor entertaining. A bonus building in the back could have multiple uses. It has been p used as a living area that with a little work could also have a kitchenette and a bath An enclosed building for the washer and dryer is a few steps from the back door. This is a great affordable starter home or good buy for investors.
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Sealy
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Listed by: Marty Castaneda, Realm Real Estate Professionals - Katy
Last Updated: 5 months ago
Data Source: HAR , MLS# 2113492
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Last Updated: 5 months ago
Data Source: HAR , MLS# 2113492
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