facebook
Traded Co logo
Submit

Martha Turner Sotheby's Brokers $1.9M Sale Of Houston Single-Family Home On Locke Lane

Property Image
SOLD
$1,925,000

Texas

See Similar Deals
Single Family Residence3,524 SF
Sold 10/02/2020
the dealplayerscompscontact
Property Image
SOLD

Martha Turner Sotheby's Brokers $1.9M Sale Of Houston Single-Family Home On Locke Lane

3214 Locke Lane, Houston, TX, USA

See Similar Deals
Single Family Residence3,524 SF
Sold 10/02/2020
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Single Family Residence
Price Per Square Foot:$546
Total Square Footage:3,524 SF
Transaction Type:Sale

A single-family home located at 3214 Locke Lane in Houston has been sold for $1,925,000. The property spans across 3,524 square feet, offering ample space for the new owners. This transaction took place on October 2, 2020, as indicated by the date.

Summary of transaction details

  • Property Type: Single-Family
  • Transaction Amount: $1,925,000
  • Address: 3214 Locke Lane
  • Market: Houston

Martha Adger of Martha Turner Sotheby's was the broker responsible for this sale. Her expertise and guidance ensured a successful transaction for all parties involved.

Players

Martha Adger
Sotheby's International Realty
Martha Adger
1 deal$1.9M volume(713) 628-3772
BROKER

Details

SOLD
IMAGE: Martha Adger DATE: 10/02/2020 ADDRESS: 3214 Locke Lane MARKET: Houston ASSET TYPE: Single-Family SALE PRICE: $1,925,000 SF: 3,524 BROKER: Martha Adger - Martha Turner Sotheby's

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$102,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,839.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,125.48
Annual Debt Service$109,505.79