$1,995,000 Last Listed Price
●
House -
Off Market
119 Knipp Road
Houston, TX 77024
4 Beds
4 Baths,
1
Half Bath
5,500 Ft²
$2,696,835
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Buyers changed their mind. Extensively redesigned with a modern
open plan. The two-story foyer leads past the large dining room to
the main living area, with a hand-carved stone fireplace and French
doors to the patio and pool. The island kitchen has been expertly
updated with Sub-Zero and Wolf appliances and adjoins the family
room, with access to the exercise room and a full bath. An alcove
entry provides private access to the master suite, which has a
light-filled master bath and extensive closet space. Upstairs,
there is a media room and game room, which connects to a
second-floor master, with an updated bath with a separate tub and
shower detailed in Carrera marble. Two additional bedrooms and
another full guest bath are also located upstairs. The backyard
oasis has a pool, spa, two large covered outdoor living areas with
an outdoor kitchen, and a synthetic turf lawn and recent putting
green. Wide 3 car concrete paver driveway and mosquito system.
Unit Size
5,500 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$363
Property Type
House
Property Taxes
$3,513
HOA Dues
$121
Year Built
1994
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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 #83720068)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2020 | Sold | ||
| Sold | |||
| Aug 5, 2020 | Listed by Martha Turner Sotheby's | $1,995,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Buyers changed their mind. Extensively redesigned with a modern open plan. The two-story foyer leads past the large dining room to the main living area, with a hand-carved stone fireplace and French doors to the patio and pool. The island kitchen has been expertly updated with Sub-Zero and Wolf appliances and adjoins the family room, with access to the exercise room and a full bath. An alcove entry provides private access to the master suite, which has a light-filled master bath and extensive closet space. Upstairs, there is a media room and game room, which connects to a second-floor master, with an updated bath with a separate tub and shower detailed in Carrera marble. Two additional bedrooms and another full guest bath are also located upstairs. The backyard oasis has a pool, spa, two large covered outdoor living areas with an outdoor kitchen, and a synthetic turf lawn and recent putting green. Wide 3 car concrete paver driveway and mosquito system.
| |||
Property Highlights
Air Conditioning
Fireplace
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: Patricia Garrison, Martha Turner Sotheby's
Last Updated: 4 months ago
Data Source: HAR , MLS# 83720068
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Last Updated: 4 months ago
Data Source: HAR , MLS# 83720068
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