$570,000 Last Listed Price
●
House -
Off Market
8223 Lorrie Drive
Houston, TX 77025
3 Beds
2 Baths
1,679 Ft²
$647,064
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Great opportunity to live in Knollwood Village!! Beautifully
renovated Knollwood Village home with recently installed heated
pool and jacuzzi. This home is located just minutes from Rice
Village, The Medical Center, and Brays Bayou. This home offers 3
bedrooms, 2 bath, 2 car garage; the home features original hardwood
floors throughout, crown molding, double paned storm windows, and
covered patio off the kitchen leading to pool area. Recently
re-painted cabinets, new hardware, and backsplash in the kitchen.
This home was recently painted, interior, exterior and has a new
driveway. Included with acceptable offer; washer and dryer,
refrigerator, wine fridge, drink fridge in garage, 3 TV's (Living
room, bedroom and outdoor, *Sonos not included), surveillance
cameras, backyard furniture, round mirror in the entry way, and
guest bedroom furniture. NEVER FLOODED!!
Unit Size
1,679 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$339
Property Type
House
Property Taxes
$859
HOA Dues
$15
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: 5 months ago (HAR #83820427)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2024 | Sold | ||
| Sold | |||
| Apr 7, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by Monarch Real Estate & Ranch | $565,000 | |
| Listed by Monarch Real Estate & Ranch | |||
| | |||
|
Beautifully renovated Knollwood Village home with remarkable curb appeal. This 3 bedroom 2 bath home features a lovely updated kitchen, original hardwood flooring throughout, double paned storm windows, covered patio off of kitchen leading to lushly landscaped backyard with wonderful heated pool and spa. Recent upgrades include PEX interior pipes, Electrical System Upgrades: (new panel, new meter, new service ) New driveway poured, New Compressor, Fan, TXV (TX5N4), Refrigerant (R410A), New ducts and furnace repairs. Located just minutes from Rice Village, The Texas Medical Center, Museum District, and Braes Bayou - this charming home checks all the boxes and offers an opportunity to live in a well established neighborhood inside loop 610. Zoned to Bellaire High School. Come see this gem today!!! *NO HISTORY OF FLOODING PER SELLER
| |||
| Sep 3, 2021 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by Champions Real Estate Group | $570,000 | |
| Listed by Champions Real Estate Group | |||
| | |||
|
Great opportunity to live in Knollwood Village!! Beautifully renovated Knollwood Village home with recently installed heated pool and jacuzzi. This home is located just minutes from Rice Village, The Medical Center, and Brays Bayou. This home offers 3 bedrooms, 2 bath, 2 car garage; the home features original hardwood floors throughout, crown molding, double paned storm windows, and covered patio off the kitchen leading to pool area. Recently re-painted cabinets, new hardware, and backsplash in the kitchen. This home was recently painted, interior, exterior and has a new driveway. Included with acceptable offer; washer and dryer, refrigerator, wine fridge, drink fridge in garage, 3 TV's (Living room, bedroom and outdoor, *Sonos not included), surveillance cameras, backyard furniture, round mirror in the entry way, and guest bedroom furniture. NEVER FLOODED!!
| |||
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Listed by: Mariella Borza, Champions Real Estate Group
Last Updated: 5 months ago
Data Source: HAR , MLS# 83820427
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Last Updated: 5 months ago
Data Source: HAR , MLS# 83820427
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