$2,450,000 Last Listed Price
●
House -
Off Market
12115 Rip Van Winkle Drive
Houston, TX 77024
5 Beds
4 Baths,
2
Half Baths
5,156 Ft²
$15,511
Est. Monthly
$46
HOA / Fees
About This Property
Perfectly situated at the end of a Memorial Forest quiet horseshoe
street, this beautiful custom home is steps away from Frostwood
Elementary. The first floor boasts a Chef's kitchen with Sub
Zero/Wolf appliances with a large island opening into an expansive
family room overlooking a glistening pool. Other first floor
highlights include: a study, formal dining, wet bar with ice maker
and wine refrigerator and brick ceiling, breakfast room, spacious
primary suite with jetted tub, separate shower and large walk-in
closet, mud area, home office, large utility room and two half
baths. Ascend to the second floor to discover four bedrooms, three
baths, and a spacious game room with vaulted ceiling. Outside, an
inviting covered outdoor kitchen and living space overlooks the
pool and hot tub, complemented by a pergola for alfreso dining.
Zoned to highly sought-after schools: Frostwood, Memorial Middle
and Memorial High.
Unit Size
5,156 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$475
Property Type
House
Property Taxes
$3,434
HOA Dues
$46
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: 5 months ago (HAR #59096765)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| May 25, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Relisted | $2,450,000 | |
| Relisted | |||
| Apr 14, 2024 | In contract | - | |
| In contract | |||
| Apr 1, 2024 | Listed | $2,450,000 | |
| Listed | |||
| | |||
|
Perfectly situated at the end of a Memorial Forest quiet horseshoe street, this beautiful custom home is steps away from Frostwood Elementary. The first floor boasts a Chef's kitchen with Sub Zero/Wolf appliances with a large island opening into an expansive family room overlooking a glistening pool. Other first floor highlights include: a study, formal dining, wet bar with ice maker and wine refrigerator and brick ceiling, breakfast room, spacious primary suite with jetted tub, separate shower and large walk-in closet, mud area, home office, large utility room and two half baths. Ascend to the second floor to discover four bedrooms, three baths, and a spacious game room with vaulted ceiling. Outside, an inviting covered outdoor kitchen and living space overlooks the pool and hot tub, complemented by a pergola for alfreso dining. Zoned to highly sought-after schools: Frostwood, Memorial Middle and Memorial High.
| |||
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: Robin Tucker, Martha Turner Sotheby's International Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 59096765
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Last Updated: 5 months ago
Data Source: HAR , MLS# 59096765
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