$510,000 Last Listed Price
●
House -
Off Market
825 Algona Avenue
Houston, TX 77008
3 Beds
3 Baths
2,381 Ft²
$532,882
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
This well-designed 3BR/3BA home, located in the gated community of
The Reserve at Washington, features high ceilings, amazing natural
light, spacious rooms, & many upgrades. The 1st flr offers a guest
BR w/ ensuite bath, large walk-in closet, and access to a
beautifully landscaped backyard. The 2nd flr open concept living
space features great functionality & can accommodate multiple
arrangements w/ oversized furniture + a spacious guest BR & bath. A
well-appointed kitchen offers quartz counters, large island w/
built-in sink, SS appliances, & two walk-in pantries. The oversized
primary retreat, located on the 3rd flr, includes a loft area.
The spa-like primary bath features quartz counters, dual
vanities/sinks, walk-in shower, soaking tub, private water closet,
& large walk-in closet. Community amenities include an outdoor area
w/ fireplace, water features, dog park, & guest parking! Located
near many parks, restaurants, & breweries, this home offers amazing
quality & convenience.
Unit Size
2,381 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$214
Property Type
House
Property Taxes
$872
HOA Dues
$229
Year Built
2017
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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 #66414043)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 23, 2023 | Sold | ||
| Sold | |||
| Oct 27, 2022 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $510,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
| | |||
|
This well-designed 3BR/3BA home, located in the gated community of The Reserve at Washington, features high ceilings, amazing natural light, spacious rooms, & many upgrades. The 1st flr offers a guest BR w/ ensuite bath, large walk-in closet, and access to a beautifully landscaped backyard. The 2nd flr open concept living space features great functionality & can accommodate multiple arrangements w/ oversized furniture + a spacious guest BR & bath. A well-appointed kitchen offers quartz counters, large island w/ built-in sink, SS appliances, & two walk-in pantries. The oversized primary retreat, located on the 3rd flr, includes a loft area. The spa-like primary bath features quartz counters, dual vanities/sinks, walk-in shower, soaking tub, private water closet, & large walk-in closet. Community amenities include an outdoor area w/ fireplace, water features, dog park, & guest parking! Located near many parks, restaurants, & breweries, this home offers amazing quality & convenience.
| |||
Property Highlights
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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: Kirsten Abney, Better Homes and Gardens Real Estate Gary Greene -
Last Updated: 5 months ago
Data Source: HAR , MLS# 66414043
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Last Updated: 5 months ago
Data Source: HAR , MLS# 66414043
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