$425,000 Last Listed Price
●
House -
Off Market
724 Nicholson Street
Houston, TX 77007
3 Beds
3 Baths,
1
Half Bath
1,979 Ft²
$563,336
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Beautiful Single Family home in sought after Nicholson Place in the
Heights. Great open floor plan with plenty of natural light (corner
unit), hardwoods, crown molding and french doors that open to a
covered balcony. Kitchen with Stainless Steel appliances, Granite
counter tops, upgraded lighting and lots of storage. Primary
bedroom on third floor complete with a large walk-in closet, high
ceilings and double sinks. Ground floor bedroom opens to large back
patio with room for seating and additional yard space. Plenty of
street parking available in addition to two car garage. Ideal
location just blocks from all that the Heights has to offer, just
steps from the Heights Bike and Trail and walking distance to
restaurants and shops like the Heights Mercantile and the new
M-K-T.
Unit Size
1,979 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$215
Property Type
House
Property Taxes
-
HOA Dues
$142
Year Built
2012
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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 #94507683)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2020 | Sold | ||
| Sold | |||
| Sep 17, 2020 | Listed by Compass RE Texas, LLC | $425,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Beautiful Single Family home in sought after Nicholson Place in the Heights. Great open floor plan with plenty of natural light (corner unit), hardwoods, crown molding and french doors that open to a covered balcony. Kitchen with Stainless Steel appliances, Granite counter tops, upgraded lighting and lots of storage. Primary bedroom on third floor complete with a large walk-in closet, high ceilings and double sinks. Ground floor bedroom opens to large back patio with room for seating and additional yard space. Plenty of street parking available in addition to two car garage. Ideal location just blocks from all that the Heights has to offer, just steps from the Heights Bike and Trail and walking distance to restaurants and shops like the Heights Mercantile and the new M-K-T.
| |||
Property Highlights
Garage
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 Central Houston
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Listed by: Louise Carter, Compass RE Texas, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 94507683
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Last Updated: 4 months ago
Data Source: HAR , MLS# 94507683
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