1902 RIDGEWOOD ST

Blueprint1,536 SF
2
2
1921
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

Amazing opportunity to purchase an unrestricted property, located on the corner of Ridgewood and Vermont, with a large lot. There is also an opportunity to combine this property, with the property in the rear (1901 Dunlavy) to make a continuous 10,000 Sq.ft. Lot Per HCAD. This property has lots of original character with stained glass throughout, a built-in swimming pool, and a two story guest house with a kitchen and bathroom with a shower. Enjoy a chef's kitchen with plenty of storage and a breakfast room for casual dining. The living room has vaulted ceilings and the formal dining room has a fireplace. Both bedrooms and bathrooms are located downstairs. The primary bedroom has an en suite bathroom and a stained glass window. There is also an Upstairs Flexspace. Property Sold "As-Is, Where Is". Currently leased until April 2025, Plenty of Notice required for showings, endless opportunities!

Virtual Tour Link
Avatar
Listing Agent: Patricia Dajani
Agent Office: 713-621-8001
Broker: Keller Williams Realty Metropolitan
HAR
Houston Association of Realtors
List Price: $799,000
List date: 09/03/2024
Days on Rescover: 115
MLS Source: HAR
MLS Number: 38671204
MLS Data Sync: 12/27/2024 4:59 PM 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