$325,000 Last Listed Price
●
House -
Off Market
701 Clarence Street
Tomball, TX 77375
4 Beds
2 Baths,
1
Half Bath
1,972 Ft²
$323,180
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Darling 1940s house near the heart of Downtown Tomball! House sits
atop 3 lots on the corner with stately trees and charming curb
appeal. The covered front porch greets you as you walk up to the
house. As you enter, you'll be welcomed by a sizable living room
and a bedroom that could also function as an office. Original wood
floors are in the living, dining, and primary bedroom! Formal
dining room is attached to the kitchen with gas stove and butcher
block counters. Secondary bedrooms are all quite spacious with
ample closet storage. Continue on to the converted garage that now
functions as a flex space. Mud room and utility room boast even
more storage closets and cabinets - perfect for all of your needs.
Primary suite is complete with double sinks and a huge walk-in
closet. Outside, the yard is partially fenced and complete with 2
out-buildings. Property currently functions as an office
space under "non-conforming use." Come see this craftsman home
today!
Unit Size
1,972 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$165
Property Type
House
Property Taxes
$503
HOA Dues
-
Year Built
1940
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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 #80114924)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed by Synergy Real Estate | $325,000 | |
| Listed by Synergy Real Estate | |||
| | |||
|
Darling 1940s house near the heart of Downtown Tomball! House sits atop 3 lots on the corner with stately trees and charming curb appeal. The covered front porch greets you as you walk up to the house. As you enter, you'll be welcomed by a sizable living room and a bedroom that could also function as an office. Original wood floors are in the living, dining, and primary bedroom! Formal dining room is attached to the kitchen with gas stove and butcher block counters. Secondary bedrooms are all quite spacious with ample closet storage. Continue on to the converted garage that now functions as a flex space. Mud room and utility room boast even more storage closets and cabinets - perfect for all of your needs. Primary suite is complete with double sinks and a huge walk-in closet. Outside, the yard is partially fenced and complete with 2 out-buildings. Property currently functions as an office space under "non-conforming use." Come see this craftsman home today!
| |||
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 Tomball
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Listed by: Michael Sproba, Synergy Real Estate
Last Updated: 4 months ago
Data Source: HAR , MLS# 80114924
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Last Updated: 4 months ago
Data Source: HAR , MLS# 80114924
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