$440,000 Last Listed Price
●
House -
Off Market
6614 Merry Lane
Houston, TX 77023
2 Beds
2 Baths,
1
Half Bath
1,695 Ft²
$2,851
Est. Monthly
About This Property
Check out the Virtual Tour. Presenting a stunning custom home in
the heart of Idylwood. Every detail has been attended to, ensuring
a perfect blend of modern luxury and classic charm. Home boasts
original hardwood floors and custom cabinetry in the kitchen. Each
bedroom comes with its own bathroom & a powder room for guests.
Recently upgraded with tankless water heater and a spacious utility
room. The office can be used as the third bedroom. The home
features crown molding, automatic blinds, recessed LED lighting.
The exterior is also upgraded with a paver patio and deck designed
for entertaining, complete with a ceiling fan, speakers, and a
mister system. Driveway comes with automatic gate & motion detector
lighting. NEW HVAC in 2023, and the roof, electric panel, and
plumbing updated in 2013. All work was permitted and complies with
deed restrictions. 10 mins from downtown, and close to the Heights
Gus Wortham Golf Course, Spurlock Park & the Brays Bayou Trail. A
must-see!
Unit Size
1,695 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$260
Property Type
House
Property Taxes
$690
HOA Dues
-
Year Built
1953
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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: 6 months ago (HAR #45948583)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Dec 16, 2024 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Listed by Intercity Realty | $440,000 | |
| Listed by Intercity Realty | |||
| | |||
|
Check out the Virtual Tour. Presenting a stunning custom home in the heart of Idylwood. Every detail has been attended to, ensuring a perfect blend of modern luxury and classic charm. Home boasts original hardwood floors and custom cabinetry in the kitchen. Each bedroom comes with its own bathroom & a powder room for guests. Recently upgraded with tankless water heater and a spacious utility room. The office can be used as the third bedroom. The home features crown molding, automatic blinds, recessed LED lighting. The exterior is also upgraded with a paver patio and deck designed for entertaining, complete with a ceiling fan, speakers, and a mister system. Driveway comes with automatic gate & motion detector lighting. NEW HVAC in 2023, and the roof, electric panel, and plumbing updated in 2013. All work was permitted and complies with deed restrictions. 10 mins from downtown, and close to the Heights Gus Wortham Golf Course, Spurlock Park & the Brays Bayou Trail. A must-see!
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Eastside
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Listed by: David Chen, Intercity Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 45948583
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Last Updated: 6 months ago
Data Source: HAR , MLS# 45948583
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