4701 Hoffman St, Houston, TX 77026

18 beds-- baths6,633 sqft Edit

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Sold
Sold on 06/24/14
Zestimate®: $433,446
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Newly renovated, fully leased, 9-unit property for sale. All units are separately metered for electricity and gas to keep overhead costs low. Durable brick veneer exterior, tile floors, new hot water heaters and high quality roofs. Gross monthly rental income of $4720 with reliable tenants and existing leases for all units. Property is operating at a 13% CAP rate. Please inquire for more details!

Facts

  • Lot: 0.4 acres
  • Multi Family
  • Built in 1965
  • Views: 1,547 all time views
  • Heating: Other
  • Last sold: Jun 2014

Appliances Included

  • Dryer

Construction

  • Exterior material: Brick
  • Roof type: Other
  • Room count: 36
  • Stories: 1
  • Structure type: Other
  • Unit count: 9

Other

  • Floor size: 6,633 sqft
  • Heating: Gas
  • Last remodel year: 1965
  • Laundry: In Unit
  • Parcel #: 0651260430940
  • Zillow Home ID: 27870589

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$433,446
+$67,298 Last 30 days
$191K
$772K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,502/mo
+$15 Last 30 days
$1.2K
$2.8K
Zestimate range

Improve This Home's Value

The right home project can make a significant impact to your home value! Compare average project costs in your area with estimated increases to your home value.

The return values below are estimates based on the region, home facts, and past sales data. Your situation may vary based on current finish level of the room, changing style trends, depreciation, and how much of the project budget is invested in structural changes vs. functional/cosmetic improvements.

Mid-Range Minor Kitchen Remodel

  • Mid-Range Minor Kitchen Remodel

  • + 19.6K VALUE
  • Project cost: $17,951
  • See kitchen ideas

Mid-Range Bathroom Remodel

Deck Addition

Popularity on Zillow

1,547 all-time views
of this home (chart)

Mortgages

Neighborhood: Kashmere Gardens

Zillow predicts Houston home values will increase 1.3% next year, compared to a 1.5% increase for Houston Metro as a whole.

Foreclosures will be a factor impacting home values in the next several years. In Houston, the number of foreclosures waiting to be sold is 17.7% higher than in Houston Metro, and 102.9% greater than the national average. This higher local number may prevent Houston home values from rising as quickly as other regions in Houston Metro.  read more Less 

Nearby

    For Sale

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    Rentals

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    Other Units in this Building (1)ZestimateBedsBathsSqft
    N/A$88K21737

    Nearby Schools in Houston

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org