$200,000 Last Listed Price
●
House -
Off Market
8922 Sage Place Drive
Houston, TX 77071
4 Beds
3 Baths
1,633 Ft²
$199,256
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Multiple offers received - Seller will make a decision on Monday by
5 PM. Great investment property for fix and flip or to hold. Home
is in the well-maintained West Place subdivision in Harris County.
ARV is approx $250K+ depending on upgrades. HOA $350\yr. Nice
2 story with attached garage. Tax rate is 2.3%. Total 7 rooms, 1
fireplace, 3 bedrooms up with 2 full baths up and 1 bedroom and 1
full bathroom down. Low maintenance back yard. Sold AS IS. HVAC
replaced 2018 and Hot water heater is 6 months old. Home just needs
some TLC and light remodel. Proof of funds to be submitted with
offers.
Unit Size
1,633 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$122
Property Type
House
Property Taxes
$325
HOA Dues
$25
Year Built
1996
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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 #38337277)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | In contract | - | |
| In contract | |||
| Jan 26, 2024 | Listed by Dr. Sean Realty, LLC | $299,000 | |
| Listed by Dr. Sean Realty, LLC | |||
| | |||
|
Totally renovated 4 bedroom, 3 full bath home in perfect established neighborhood, close to everything. Freshly painted inside and out, providing a clean and inviting atmosphere. Brand new fixtures, faucets, and door hardware contribute to a contemporary and stylish interior. State-of-the-art appliances and cabinets have been installed that not only elevate the visual appeal of the kitchen but also offer enhanced performance and convenience. Beautiful fireplace for those cold Texas nights. Both downstairs and upstairs have bedrooms that can be used as a master! Sharp looking landscaping adds extra curb appeal.
| |||
| Oct 5, 2023 | Sold | ||
| Sold | |||
| Sep 12, 2023 | Listed by LPT Realty, LLC | $200,000 | |
| Listed by LPT Realty, LLC | |||
| | |||
|
Multiple offers received - Seller will make a decision on Monday by 5 PM. Great investment property for fix and flip or to hold. Home is in the well-maintained West Place subdivision in Harris County. ARV is approx $250K+ depending on upgrades. HOA $350\yr. Nice 2 story with attached garage. Tax rate is 2.3%. Total 7 rooms, 1 fireplace, 3 bedrooms up with 2 full baths up and 1 bedroom and 1 full bathroom down. Low maintenance back yard. Sold AS IS. HVAC replaced 2018 and Hot water heater is 6 months old. Home just needs some TLC and light remodel. Proof of funds to be submitted with offers.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Southwest Houston
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Listed by: Rhonda Biggom, LPT Realty, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 38337277
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Last Updated: 4 months ago
Data Source: HAR , MLS# 38337277
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