$138,000 Last Listed Price
●
House -
Off Market
7403 Shady Arbor Lane
Houston, TX 77040
3 Beds
2 Baths
1,390 Ft²
$1,036
Est. Monthly
$23
HOA / Fees
About This Property
Unlock the potential of this charming one-story home, situated on
an oversized corner lot in a sought-after neighborhood. In need of
a full-scale renovation, this property offers a solid foundation
for a home that can be tailored to your personal tastes and needs.
Built entirely of dependable brick, the home awaits your innovative
touch. Required updates include new flooring, paint, fixtures, and
cabinetry. Both the bathrooms and kitchen are due for comprehensive
overhauls, making this a promising opportunity for an investor or
for those wanting to customize a home to their own specifications.
Utilities are not on, and the property will be sold in "as is"
condition. Don't miss out on the opportunity to turn this house
into either your dream home or next investment project. Act
promptly, as this property won't stay on the market for long.
Unit Size
1,390 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$99
Property Type
House
Property Taxes
$335
HOA Dues
$23
Year Built
1972
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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: 5 months ago (HAR #98570091)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 8, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2023 | Listed by Kodu Realty, LLC | $138,000 | |
| Listed by Kodu Realty, LLC | |||
| | |||
|
Unlock the potential of this charming one-story home, situated on an oversized corner lot in a sought-after neighborhood. In need of a full-scale renovation, this property offers a solid foundation for a home that can be tailored to your personal tastes and needs. Built entirely of dependable brick, the home awaits your innovative touch. Required updates include new flooring, paint, fixtures, and cabinetry. Both the bathrooms and kitchen are due for comprehensive overhauls, making this a promising opportunity for an investor or for those wanting to customize a home to their own specifications. Utilities are not on, and the property will be sold in "as is" condition. Don't miss out on the opportunity to turn this house into either your dream home or next investment project. Act promptly, as this property won't stay on the market for long.
| |||
Property Highlights
Garage
Fireplace
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 North Houston
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Listed by: Eleny-Ly Ruiz, Kodu Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 98570091
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Last Updated: 5 months ago
Data Source: HAR , MLS# 98570091
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