$4,995,000 Last Listed Price
●
House -
Off Market
11526 Raintree Circle
Houston, TX 77024
7 Beds
7 Baths,
2
Half Baths
10,891 Ft²
$5,259,614
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
Minimalist Modern home designed by Allen Bianchi, AIA, expanded w/
primary suite wing by Rocio Diaz, AIA. Horizontal lines; asymmetric
blocks; ribbons of windows; soaring ceilings; light-filled, open
floorplan; butted glass walls & metal-framed sliding glass doors;
spectacular interior vistas; blurred divisions between
inside/outside. White, gray, & black walls, floors, cabinets,
stone, & tile create continuity. Expansive living & dining rooms
view massive John Clement sculpture (conveyed w/ sale) in open-air
atrium. Full guest/pool house, covered /open patios, full summer
kitchen/bar. Gathering kitchen w/ Poggen Pohl cabinets, Gaggenau &
Miele appliances. Family rm w/ saltwater aquarium views pool &
yard. Original 1st-flr primary suite intact & used as a gym; en
suite bedrooms & den up. Impressive primary wing w/ sumptuous
bedroom w/ media/storage wall, private deck, 2-story, marble-clad
bath w/ coffee bar, chiller; 2 palatial bespoke closets. Smart
house system, elevator, generator
Unit Size
10,891 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$459
Property Type
House
Property Taxes
$9,140
HOA Dues
-
Year Built
2011
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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 #81340707)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 1, 2022 | Sold | ||
| Sold | |||
| Nov 13, 2021 | Listed by Keller Williams Metropolitan | $4,995,000 | |
| Listed by Keller Williams Metropolitan | |||
| | |||
|
Minimalist Modern home designed by Allen Bianchi, AIA, expanded w/ primary suite wing by Rocio Diaz, AIA. Horizontal lines; asymmetric blocks; ribbons of windows; soaring ceilings; light-filled, open floorplan; butted glass walls & metal-framed sliding glass doors; spectacular interior vistas; blurred divisions between inside/outside. White, gray, & black walls, floors, cabinets, stone, & tile create continuity. Expansive living & dining rooms view massive John Clement sculpture (conveyed w/ sale) in open-air atrium. Full guest/pool house, covered /open patios, full summer kitchen/bar. Gathering kitchen w/ Poggen Pohl cabinets, Gaggenau & Miele appliances. Family rm w/ saltwater aquarium views pool & yard. Original 1st-flr primary suite intact & used as a gym; en suite bedrooms & den up. Impressive primary wing w/ sumptuous bedroom w/ media/storage wall, private deck, 2-story, marble-clad bath w/ coffee bar, chiller; 2 palatial bespoke closets. Smart house system, elevator, generator
| |||
Property Highlights
Elevator
Air Conditioning
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Westside
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Listed by: Mariana Saldana, Keller Williams Metropolitan
Last Updated: 4 months ago
Data Source: HAR , MLS# 81340707
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Last Updated: 4 months ago
Data Source: HAR , MLS# 81340707
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