$895,000 Last Listed Price
●
House -
Off Market
828 Oak Street
Houston, TX 77018
8 Beds
5 Baths
4,534 Ft²
$907,265
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Excellent Investor/Developer Opportunity in popular Lowell Heights
Massive 22,575 square foot lot. Get 4 houses at Lot pricing with
potential rental income. Live in house in back and rent out the
other 3. Excellent rental income opportunity. 828 features 2
bedrooms, 1 bathroom, living room and breakfast area. 828A is a 1
bedroom, 1 bathroom, kitchen, living room and breakfast area. 828C
is similar to 828A. 828B features 4 bedroom, 2 bathroom, large
living room, kitchen and breakfast area, beautiful landscape with a
cover patio to entertain family and friends. 2 of the units are
currently leased. Nice opportunity for rental income or could
redevelop. Well maintained.
Unit Size
4,534 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$197
Property Type
House
Property Taxes
$1,185
HOA Dues
-
Year Built
1950
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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 #98692677)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 26, 2022 | Sold | ||
| Sold | |||
| Mar 12, 2022 | Listed by Promark Realty Group | $895,000 | |
| Listed by Promark Realty Group | |||
| | |||
|
Excellent Investor/Developer Opportunity in popular Lowell Heights Massive 22,575 square foot lot. Get 4 houses at Lot pricing with potential rental income. Live in house in back and rent out the other 3. Excellent rental income opportunity. 828 features 2 bedrooms, 1 bathroom, living room and breakfast area. 828A is a 1 bedroom, 1 bathroom, kitchen, living room and breakfast area. 828C is similar to 828A. 828B features 4 bedroom, 2 bathroom, large living room, kitchen and breakfast area, beautiful landscape with a cover patio to entertain family and friends. 2 of the units are currently leased. Nice opportunity for rental income or could redevelop. Well maintained.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 26, 2020 | No longer available | - | |
| No longer available | |||
| Apr 21, 2020 | In contract | - | |
| In contract | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
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Listed On
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Sold On
HOA + Taxes
About North Houston
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Listed by: Trey Young, Promark Realty Group
Last Updated: 5 months ago
Data Source: HAR , MLS# 98692677
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Last Updated: 5 months ago
Data Source: HAR , MLS# 98692677
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