38
Map
$650,000 Last Listed Price
●
House -
Off Market
701 Malone Street
Houston, TX 77007
2 Beds
1 Bath
1,175 Ft²
$665,005
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
The Bermuda Shutters and Lovely Yard Give This Darling Bungalow a
Charming Coastal Vibe! Located in the Heart of Everything Rice
Military has to Offer – Retail, Restaurants, Close to Memorial
Park, Washington Street Nightlife and an Easy Commute to Anywhere
with Multiple Freeway Access! Light Filled Rooms with So Many Large
Windows! Original Hard Wood Floors and Enough Closets for a
Fashionista! Completely Renovated Kitchen and Bath with Lots of
Soft Close Custom Cabinetry - and So Very Clean! You Will Love This
2 Bedroom Home; However, An Additional Large Bonus Room Could Be a
Den or Large Additional Bedroom! Looking for a Real Home in the
Middle of Town with a Yard, Large Two Car Garage and Additional
Off-Street Parking - This Home Has It All! This Full-Sized Lot
Could Potentially Be Subdivided (Verify with the City of
Houston) or Occupied Home as it is! Move-In Ready.
Unit Size
1,175 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$553
Property Type
House
Property Taxes
$787
HOA Dues
-
Year Built
1925
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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 #68739925)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | No longer available | - | |
| No longer available | |||
| Oct 1, 2024 | Listed by Compass RE Texas, LLC - Houston | $1,245,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
|
Brought to you by Ava Custom Homes, this extraordinary new home delivers exquisite craftsmanship, breathtaking interiors & private outdoor space on every level in desirable Rice Military. Soaring ceilings, oversized aluminum windows, brick accent details, & European white oak floors add a bright, modern ambiance throughout. A gracious foyer and mudroom invite you to discover a lovely dining room and open kitchen with quartz countertops and premium appliances. Ahead, the spacious living room features a linear gas fireplace and a wall of windows and door that opens to the rear yard. Head upstairs to discover a palatial owner's suite with a stunning en suite spa bath and custom walk-in closet. A secondary suite on this level features a private bath and balcony. On the top floor, gather in the game room, featuring a balcony, bar and adjacent powder room. Two more bedrooms, including one with an oversized terrace, share a Hollywood bath. Utility room, elevator-ready layout, two-car garage.
| |||
| Sep 6, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Central Houston
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Listed by: Suzanne Corbin, Berkshire Hathaway HomeServices Premier Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 68739925
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Last Updated: 4 months ago
Data Source: HAR , MLS# 68739925
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