$399,000 Last Listed Price
●
House -
Off Market
8422 Lorrie Drive
Houston, TX 77025
3 Beds
2 Baths
1,808 Ft²
$412,531
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Absolutely marvelous 3 bedroom, 2 bath home in beautiful Knollwood,
located just minutes from the Medical Center! Hurry to see this
beautiful home featuring loads of updates and a sparkling pool!
Gorgeous hardwood floors, woodburning fireplace, updated kitchen.
The updated kitchen boasts a huge island, quartz counter tops,
subway tile backsplash and stainless appliances. One garage space
has been converted into a marvelous home-office or a man cave or
whatever space you might need. There is plenty of play space in the
back yard in addition to the pool! Rest easy with high efficiency
HVAC and radiant barrier decking! This is a gem of a home located
well within the neighborhood, away from busy streets. Hurry to see
this lovely home before it is gobbled up!
Unit Size
1,808 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$221
Property Type
House
Property Taxes
$764
HOA Dues
$5
Year Built
1954
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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 #36050707)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2022 | Listed by RE/MAX Signature Galleria | $399,000 | |
| Listed by RE/MAX Signature Galleria | |||
| | |||
|
Absolutely marvelous 3 bedroom, 2 bath home in beautiful Knollwood, located just minutes from the Medical Center! Hurry to see this beautiful home featuring loads of updates and a sparkling pool! Gorgeous hardwood floors, woodburning fireplace, updated kitchen. The updated kitchen boasts a huge island, quartz counter tops, subway tile backsplash and stainless appliances. One garage space has been converted into a marvelous home-office or a man cave or whatever space you might need. There is plenty of play space in the back yard in addition to the pool! Rest easy with high efficiency HVAC and radiant barrier decking! This is a gem of a home located well within the neighborhood, away from busy streets. Hurry to see this lovely home before it is gobbled up!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Southwest Houston
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Listed by: Larry Mercer, RE/MAX Signature Galleria
Last Updated: 4 months ago
Data Source: HAR , MLS# 36050707
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Last Updated: 4 months ago
Data Source: HAR , MLS# 36050707
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