35
Map
$539,000
●
House -
Off Market
1202 Gustav Street
Houston, TX 77023
3 Beds
2 Baths,
1
Half Bath
2,187 Ft²
$2,647
Est. Monthly
About This Property
Experience the epitome of luxury living in this breathtaking
two-story new construction masterpiece. Designed to seamlessly
blend indoor and outdoor living, the home boasts a magnificent wall
of cascading glass doors that effortlessly connect the living area
to the covered patio and backyard oasis. Perfect for those who love
to entertain, the property features a grand formal entry, elegant
formal dining space, and a chef's kitchen equipped for culinary
excellence. Situated in a vibrant neighborhood known for its
burgeoning local businesses and convenient access to downtown, this
residence offers the ultimate blend of sophistication and
convenience. Enjoy being mere minutes away from Downtown and the
stadiums, while being merely 15 minutes away from the med center.
Unit Size
2,187 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$246
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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: 2 months ago (HAR #59409389)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| May 6, 2024 | Listed | $539,000 | |
| Listed | |||
| | |||
|
Experience the epitome of luxury living in this breathtaking two-story new construction masterpiece. Designed to seamlessly blend indoor and outdoor living, the home boasts a magnificent wall of cascading glass doors that effortlessly connect the living area to the covered patio and backyard oasis. Perfect for those who love to entertain, the property features a grand formal entry, elegant formal dining space, and a chef's kitchen equipped for culinary excellence. Situated in a vibrant neighborhood known for its burgeoning local businesses and convenient access to downtown, this residence offers the ultimate blend of sophistication and convenience. Enjoy being mere minutes away from Downtown and the stadiums, while being merely 15 minutes away from the med center.
| |||
| Apr 19, 2024 | Listed by Nan & Company Properties | $539,000 | |
| Listed by Nan & Company Properties | |||
| Mar 22, 2024 | Listed by Nan & Company Properties | $539,900 | |
| Listed by Nan & Company Properties | |||
   | |||
|
Experience the epitome of luxury living in this breathtaking two-story new construction masterpiece. Designed to seamlessly blend indoor and outdoor living, the home boasts a magnificent wall of cascading glass doors that effortlessly connect the living area to the covered patio and backyard oasis. Perfect for those who love to entertain, the property features a grand formal entry, elegant formal dining space, and a chef's kitchen equipped for culinary excellence. Situated in a vibrant neighborhood known for its burgeoning local businesses and convenient access to downtown, this residence offers the ultimate blend of sophistication and convenience. Enjoy being mere minutes away from Downtown and the stadiums, while being merely 15 minutes away from the med center.
| |||
Property Highlights
Garage
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 South Central Houston
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Listed by: Jonathan Williamson, Nan & Company Properties
Last Updated: 2 months ago
Data Source: HAR , MLS# 59409389
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Last Updated: 2 months ago
Data Source: HAR , MLS# 59409389
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