$214,450 Last Listed Price
●
House -
Off Market
6403 Westover Street
Houston, TX 77087
5 Beds
2 Baths
2,200 Ft²
$281,752
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Beautiful home loaded with custom options. Inviting Grand
Entry opens up to spacious Family Room with high ceilings with
exposed beams. Gourmet Island Kitchen includes job built
cabinets, built-in appliances, and Granite Countertops. Private
Owners Retreat includes custom designed walk-in closet and direct
access to future full bath (space is built out and roughed in).
Main home also has (2) large secondary rooms with walk-in
closets. Bonus additional space includes a Game Room and
Guest Apartment that offers a family room, 2 bedrooms, Kitchen, and
full bath. Some of the custom features include window
treatments, faux painting, crown molding, custom cabinets,
built-ins, and much more. Awesome back patio and yard are
perfect for family gatherings and bbq's. Conveniently located
and close to major highways, schools, and shopping. This home
has never flooded. Schedule an appointment and come check it
out. This home will not last long!
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$97
Property Type
House
Property Taxes
$424
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 #86493847)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Realty Right | $210,000 | |
| Listed by Realty Right | |||
| | |||
|
Welcome! It is a fantastic turn-key investment opportunity in a prime location. This property boasts 10 bedrooms and 3 bathrooms, perfect for a co-living / multi gen family / group home / assisted living / senior care / or other arrangements for amazing rental income. With some TLC and a little bit of elbow grease, this fixer-upper has incredible potential for a savvy investor. The tenant-occupied home is a landlord's dream, offering massive cashflow and value-add opportunities. Under new management and ready to make you mint. Don't miss out on this chance to turn this diamond in the rough into a shining gem. This home can be purchased by itself or as a part of 18 unit SFR portfolio.
| |||
| Aug 1, 2024 | No longer available | - | |
| No longer available | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Southeast Houston
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Listed by: David Floyd, eXp Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 86493847
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Last Updated: 5 months ago
Data Source: HAR , MLS# 86493847
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