892 MELODY LN

Blueprint2,462 SF
4
2
2011
N/A
CAP RATE
{{ percent(capRate, 1) }}
ROI
{{ percent(CoC, 1) }}

{{ currency(propertyValue, 0, '-') }}

Property Value

{{ currency(calcParams.purchaseprice, 0, '-') }}

Purchase Price

Managing property on behalf of {{ access?.behalfOf.firstName }} {{ access?.behalfOf.lastName }}
PRE-FORECLOSURE :: AUCTION SCHEDULED {{ longDate(preForeclosureFiling.auctionDate, 'N/A') }}
You’re viewing this property using financial parameters from your search, which differ from your default settings. You’ve adjusted the financial parameters for this property.
Click “Save” to keep these settings linked to this property when viewed in future sessions.
Proposed Cost {{currency(calcParams.purchaseprice)}}
Property Value {{ currency(propertyValue, 0, '-') }}
After Repair Value ({{currency(flipAfterRepairValueSF)}}/SF) {{currency(flipParams?.afterRepairValue)}}
Total Monthly Rent {{ currency(unitsTotalRentalRate) }}
Average Nightly Rate ({{ currency(strRentalRateSF, 2, '-') }}/SF) {{ currency(calcParams.strRentalRate, 0, '-') }}
Rooms
Avg Weekly Rate
Rental Rate {{ currency(monthlyRental, 0, '-') }}
AUTO
{{ firstProformaYearRaw.fiscalYear }}
 
CAP RATE
{{ firstProformaYearRaw.fiscalYear }}
 
ROI
 
Calculator Mode:
Property Type:
Rental Type:
  • Tenant Occupied
  • {{ propertyStore?.property?.mlsSource?.status }}
Custom Edits

Total Investment Initial Investment

{{ currency(netEquity) }}

Current Equity
{{ number(downpaymentWhole) }} %
Flip Only
{{ currency(flipTotalCashInvested) }}
Cash Required
{{ currency(flipNetProfit) }}
Net Profit
BRRRR
{{ currency(flipNetInvestmentAfterRefi) }}
Net Investment
{{ currency(accumulationOfWealth) }}
10-Year Net Gain
Property Description Source: Keller Williams Realty Metropolitan

Here's your chance to own your dream beach home with this stunning property, situated on 2 lots for ample space. This home features two decks, including a wrap-around deck with panoramic views of the Gulf, complete with built-in picnic & bar tables, perfect for entertaining & enjoying the seaside atmosphere. Inside, you'll find an open layout with new luxury vinyl plank flooring throughout the main level. The kitchen is a chef’s delight, with stainless steel appliances, white cabinets, high-end granite counters, & a large island. Accommodations include two primary bedrooms, providing luxurious retreats. Outside, the large yard adds to the spacious feel of the property, while the golf cart garage, outdoor shower, & prep sink make beachgoing a breeze. Covered parking and a double driveway ensure plenty of room for vehicles. Just a quarter-mile from the beach, this home combines luxury, & an unbeatable location! Currently being run as a successful vacation rental & comes fully furnished.

Virtual Tour Link
Avatar
Listing Agent: Marta Peralta
Agent Office: 713-621-8001
Broker: Keller Williams Realty Metropolitan
HAR
Houston Association of Realtors
List Price: $700,000
List date: 12/11/2024
Days on Rescover: 16
MLS Source: HAR
MLS Number: 71181272
MLS Data Sync: 12/27/2024 4:49 AM CST
MLS Disclaimer: All information is subject to change and should be independently verified. Copyright © 2022, HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved.
DISCLAIMER: Rescover, Inc owns and operates the RESCOVER website (the "Site"). Any access of the Site or submission of information to the Site is subject to the Terms of Use. All information submitted to the Site comes from outside sources. Any adaptation of the information is based strictly on assumptions and projections, and are not purported to be actual results. Analysis of and projections made by RESCOVER are for its own purposes to ascertain its pre-determined criteria. All content on the Site accessed by you is "As Is" and without warranty of any kind, express or implied. RESCOVER is not an investment adviser, and does not provide advice of any kind. Any use of the information by you is strictly in accordance with the Terms of Use.

Offcanvas with body scrolling