121 Arnold Street
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 15, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | In contract | - | |
| In contract | |||
| Jan 11, 2024 | Listed by Greenwood King Properties - Voss Office | $900,000 | |
| Listed by Greenwood King Properties - Voss Office | |||
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Exceptional Modern Luxury BRICK home nestled in a quiet GATED community inside the loop. Feat clean lines & high-end finishes, this home has an elevator (2023) to all floors, Control4 System, auto window coverings, 400+ bottle wine rm, PLUS a 3-car tandem garage. 1st flr guest suite/office w a built-in Murphy bed, ensuite bath & walk-in closet. Sprawling open 2nd flr living, dining, & kitchen spaces w a well-appointed chef’s kitchen w ceiling height cabinetry, balcony w gas con, quartz counters, designer light fixtures, wall of lighted cabinets/shelves, stone gas-log fp flanked by board & batten finish & soaring 12’ ceilings. 3rd flr primary w custom-fitted closet, secondary bdrm/ensuite bath, & coffee bar/bev cooler. Corner location boasts an abundance of light; overlooks tranquil water feat & 6 guest pkg spaces. Addit: LED lighting, solar panels (owned),& sec cameras. Views of Houston’s vibrant skyline w prox to DT, Memorial Park, chic eateries, entertainment, & more. All per seller.
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| Mar 2, 2023 | Sold | ||
| Sold | |||
| Jan 26, 2023 | Listed by Led Well Realty | $819,000 | |
| Listed by Led Well Realty | |||
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Luxury and opulence in the heart of Houston! Live in comfort and beauty in this well-appointed, move-in ready home, built and updated for the most discerning of homeowners. Evening entertainment is sorted with a custom 400+ bottle wine cellar, patio with shade, and open, light and bright living, dining and chef’s kitchen with quartz counters, generous island, and stainless appliances. High-end automation updates abound with new solar panels, Control4 system w Vantage lighting control and audio, automated shades, built-in Luma security cameras, and so much more. Also highlighted are the coveted and rare for the area tandem garage, three ensuite bedrooms, and a private, gated community tucked away yet in the midst of all that Houston offers. 121 Arnold is 3 miles from downtown Houston and its world class theater district and of course multiple professional sports arenas. Contact us for a private tour, schedule with your agent today, or take a look at our 3D tour. You will be amazed!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017