$250,000 Last Listed Price
●
House -
Off Market
874 Ramada Drive
Houston, TX 77062
4 Beds
2 Baths
1,733 Ft²
$278,768
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Beautiful 4 bedroom, 2 bath home with 2 car attached garage.
Oversized formal living area with built-in bookshelves and
cozy, corner fireplace. Open floor plan with large formal
dining room for entertaining. Galley kitchen has tons of
countertop and cabinet space. Enjoy your coffee in the breakfast
area while looking through the bay window which overseas the
backyard. Two backyard patios which is great for backyard
BBQs-one is covered off the living room and the other uncovered off
the master bedroom. Two bedrooms are open to each other
creating an office and workout area, but can easily be converted
back to two separate bedrooms. Refrigerator included.
Close to area shopping and restaurants. Easy access to
the park & ride to Downtown Houston. Zoned to award winning
CCISD schools.
Unit Size
1,733 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$144
Property Type
House
Property Taxes
$426
HOA Dues
$5
Year Built
1969
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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 #98238340)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 10, 2021 | Sold | ||
| Sold | |||
| Oct 13, 2021 | Listed by Elite Texas Properties | $250,000 | |
| Listed by Elite Texas Properties | |||
| | |||
|
Beautiful 4 bedroom, 2 bath home with 2 car attached garage. Oversized formal living area with built-in bookshelves and cozy, corner fireplace. Open floor plan with large formal dining room for entertaining. Galley kitchen has tons of countertop and cabinet space. Enjoy your coffee in the breakfast area while looking through the bay window which overseas the backyard. Two backyard patios which is great for backyard BBQs-one is covered off the living room and the other uncovered off the master bedroom. Two bedrooms are open to each other creating an office and workout area, but can easily be converted back to two separate bedrooms. Refrigerator included. Close to area shopping and restaurants. Easy access to the park & ride to Downtown Houston. Zoned to award winning CCISD schools.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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HOA + Taxes
About Clear Lake
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Listed by: Carrie Shannon, Elite Texas Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 98238340
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Last Updated: 5 months ago
Data Source: HAR , MLS# 98238340
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