$499,990 Last Listed Price
●
House -
Off Market
6501 Killough Street
Houston, TX 77086
2 Beds
2 Baths,
1
Half Bath
2,412 Ft²
$2,856
Est. Monthly
About This Property
Experience the ultimate blend of residential comfort and commercial
potential in this versatile property just minutes from HWY249,
HWY290, & Beltway8. This UNRESTRICTED 32,850 SF corner lot features
a 2B/2.5B brick home w/ 2 gated points of access + a 1,585 SF
covered RV parking structure + a 3-bay, 2,130 SF warehouse w/ a
half bath & window unit. Every detail in this home has been
meticulously attended to. A couple of the recent upgrades include:
rewiring of the entire house, new roof, new attic insulation &
ductwork, new 40G gas water heater, & new gas line just to name a
few (refer to upgrades document). Additionally, we've recently
undertaken significant enhancements: the pool has been covered &
leveled, transforming the outdoor space into a versatile area
suitable for various uses. Installed a brand new AC condenser.
These improvements add even more value to this exceptional
property. This home has 3 septic tanks, a grease trap, & well w/ a
recent 85 gallon bladder tank.
Unit Size
2,412 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$207
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1970
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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 #2732225)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed by Surge Realty | $499,990 | |
| Listed by Surge Realty | |||
| | |||
|
Experience the ultimate blend of residential comfort and commercial potential in this versatile property just minutes from HWY249, HWY290, & Beltway8. This UNRESTRICTED 32,850 SF corner lot features a 2B/2.5B brick home w/ 2 gated points of access + a 1,585 SF covered RV parking structure + a 3-bay, 2,130 SF warehouse w/ a half bath & window unit. Every detail in this home has been meticulously attended to. A couple of the recent upgrades include: rewiring of the entire house, new roof, new attic insulation & ductwork, new 40G gas water heater, & new gas line just to name a few (refer to upgrades document). Additionally, we've recently undertaken significant enhancements: the pool has been covered & leveled, transforming the outdoor space into a versatile area suitable for various uses. Installed a brand new AC condenser. These improvements add even more value to this exceptional property. This home has 3 septic tanks, a grease trap, & well w/ a recent 85 gallon bladder tank.
| |||
| May 12, 2024 | No longer available | - | |
| No longer available | |||
| Apr 27, 2024 | Price Decreased |
$494,990
↓ $35K
(6.6%) | |
| Price Decreased | |||
Show More
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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About Recreation Farms
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Listed by: Jenny Guerra, Surge Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 2732225
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Last Updated: 4 months ago
Data Source: HAR , MLS# 2732225
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