$320,000 Last Listed Price
●
House -
Off Market
7403 Janak Drive
Houston, TX 77055
3 Beds
1 Bath
1,420 Ft²
$330,852
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Motivated seller. Location, Location, Location, One of the biggest
lots in that neighborhood and corner lot. Don't miss this chance to
affordably buy in the up-and-coming area of Spring Branch! This
home is situated near loads of new construction on a lovely shady
street. The home has been updated with modern touches to live now,
and possibly be built later. You cannot beat the excellent
location, convenient for local amenities, like Ikea, the Marq-E
Center, Echo Lane shopping area, Bunker Hill center; not to mention
stress-free commuting to Downtown, Galleria area/Uptown, ISD,
Energy Corridor and the 610 Park n' Ride. Zoned to the lauded
Spring Branch, this home also is conveniently located to excellent
private schools like Awty International School, 1st Baptist,
Duchesne Academy, St. Marks, among many others. The neighborhood
elementary school (buyer must confirm zoning) is new construction
and only a quick walk from the home. Schedule a tour today!
Unit Size
1,420 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$225
Property Type
House
Property Taxes
$552
HOA Dues
-
Year Built
1955
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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 #3249838)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 16, 2022 | Sold | ||
| Sold | |||
| Jun 15, 2022 | Listed by Kiani Realty, LLC | $320,000 | |
| Listed by Kiani Realty, LLC | |||
| | |||
|
Motivated seller. Location, Location, Location, One of the biggest lots in that neighborhood and corner lot. Don't miss this chance to affordably buy in the up-and-coming area of Spring Branch! This home is situated near loads of new construction on a lovely shady street. The home has been updated with modern touches to live now, and possibly be built later. You cannot beat the excellent location, convenient for local amenities, like Ikea, the Marq-E Center, Echo Lane shopping area, Bunker Hill center; not to mention stress-free commuting to Downtown, Galleria area/Uptown, ISD, Energy Corridor and the 610 Park n' Ride. Zoned to the lauded Spring Branch, this home also is conveniently located to excellent private schools like Awty International School, 1st Baptist, Duchesne Academy, St. Marks, among many others. The neighborhood elementary school (buyer must confirm zoning) is new construction and only a quick walk from the home. Schedule a tour today!
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
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Listed On
Closing Price
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HOA + Taxes
About Northwest Houston
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Listed by: Kiani Komeizi, Kiani Realty, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 3249838
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Last Updated: 4 months ago
Data Source: HAR , MLS# 3249838
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