$325,000 Last Listed Price
●
House -
Off Market
7938 Cedel Drive
Houston, TX 77055
3 Beds
2 Baths
1,421 Ft²
$325,545
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Fully remodeled with new roof in 2016. The one-story plan has been
opened, maximizing space for living and entertaining. An island
kitchen with granite counters is fully open to living and dining.
Living, dining and kitchen are seamless! The home is updated
with vinyl plank flooring, double pane windows and faux wood
blinds, throughout. Counter seating provides a spot for quick
meals, and a large dining area adds great space for formal dining
or working from home. Full size washer/dryer are conveniently
located in the kitchen, behind bifold doors. French doors open from
living areas to the fenced backyard. Secondary bedrooms have great
light from large windows. A hall bath, convenient to living and
secondary bedrooms has a granite vanity, tile floor and oversized
shower with decorative travertine tile. The primary suite has a
private bath with granite vanity, travertine tile floor and
shower. Easy access to Loop 610, I-10 and HWY 290. There is a
storage closet in the two-car carport.
Unit Size
1,421 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$229
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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 #16392598)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2023 | Sold | ||
| Sold | |||
| May 11, 2023 | Listed by Tammy Bateman Properties | $325,000 | |
| Listed by Tammy Bateman Properties | |||
| | |||
|
Fully remodeled with new roof in 2016. The one-story plan has been opened, maximizing space for living and entertaining. An island kitchen with granite counters is fully open to living and dining. Living, dining and kitchen are seamless! The home is updated with vinyl plank flooring, double pane windows and faux wood blinds, throughout. Counter seating provides a spot for quick meals, and a large dining area adds great space for formal dining or working from home. Full size washer/dryer are conveniently located in the kitchen, behind bifold doors. French doors open from living areas to the fenced backyard. Secondary bedrooms have great light from large windows. A hall bath, convenient to living and secondary bedrooms has a granite vanity, tile floor and oversized shower with decorative travertine tile. The primary suite has a private bath with granite vanity, travertine tile floor and shower. Easy access to Loop 610, I-10 and HWY 290. There is a storage closet in the two-car carport.
| |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Northwest Houston
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Listed by: Tammy Bateman, Tammy Bateman Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 16392598
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Last Updated: 4 months ago
Data Source: HAR , MLS# 16392598
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