$490,000 Last Listed Price
●
House -
Off Market
807 Archer Street
Houston, TX 77009
2 Beds
2 Baths
1,227 Ft²
$501,312
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Beautifully renovated and modernized bungalow with 1920's craftsman
charm! This 2 bed/2 bath + study home was fully renovated
down to the studs in 2013. Interior touches include, Carrara Marble
countertops, crown molding, hardwood floors, updated windows,
interior/exterior sound system, updated electrical, new plumbing, a
wine fridge, and added fresh paint. Primary suite with a full
walk-in closet, double bathroom vanity, and a beautiful shower.
Spacious secondary bedroom with closet. Dedicated study/home
office space at back of home near utility/laundry room. The house
sits on a large fully fenced-in lot. Long driveway extends to a
2-car garage with ample additional storage space. New gutters
on the garage and house tie into a drainage system. This property
also has plenty of space to build up additional rooms, floor
levels, or even an above-garage apartment. This home is a
must-see!
Unit Size
1,227 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$399
Property Type
House
Property Taxes
$777
HOA Dues
-
Year Built
1920
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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 #89174339)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by Redfin Corporation | $490,000 | |
| Listed by Redfin Corporation | |||
| | |||
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Beautifully renovated and modernized bungalow with 1920’s craftsman charm! This 2 bed/2 bath + study home was fully renovated down to the studs in 2013. Interior touches include, Carrara Marble countertops, crown molding, hardwood floors, updated windows, interior/exterior sound system, updated electrical, new plumbing, a wine fridge, and added fresh paint. Primary suite with a full walk-in closet, double bathroom vanity, and a beautiful shower. Spacious secondary bedroom with closet. Dedicated study/home office space at back of home near utility/laundry room. The house sits on a large fully fenced-in lot. Long driveway extends to a 2-car garage with ample additional storage space. New gutters on the garage and house tie into a drainage system. This property also has plenty of space to build up additional rooms, floor levels, or even an above-garage apartment. This home is a must-see!
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Property Highlights
Garage
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: Grayson Bannister, Redfin Corporation
Last Updated: 4 months ago
Data Source: HAR , MLS# 89174339
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Last Updated: 4 months ago
Data Source: HAR , MLS# 89174339
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