$785,000 Last Listed Price
●
House -
Off Market
122 Gessner Road
Houston, TX 77024
4 Beds
3 Baths
3,356 Ft²
$831,008
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Welcome to 122 Gessner. This homes offers four bedrooms, three
baths, and a spacious downstairs. Great
home for entertaining with inviting, high-ceilinged foyer and large living room with French doors that open to
the pool. The light-filled dining room is connected to the kitchen by a butler's pantry with a wet bar. The
kitchen features a built-in fridge, & an island countertop with an induction stovetop. The primary bedroom
features abundant amount of natural light, & sliding doors to lead you into the backyard pool. Th primary
ensuite bathroom is spa-like with a freestanding soaking tub, massive shower retreat, double vanities, & a
skylight natural feel. The large first-floor secondary bedroom has a private courtyard & full bathroom. Plenty
of parking along the front driveway and inside the courtyard.
home for entertaining with inviting, high-ceilinged foyer and large living room with French doors that open to
the pool. The light-filled dining room is connected to the kitchen by a butler's pantry with a wet bar. The
kitchen features a built-in fridge, & an island countertop with an induction stovetop. The primary bedroom
features abundant amount of natural light, & sliding doors to lead you into the backyard pool. Th primary
ensuite bathroom is spa-like with a freestanding soaking tub, massive shower retreat, double vanities, & a
skylight natural feel. The large first-floor secondary bedroom has a private courtyard & full bathroom. Plenty
of parking along the front driveway and inside the courtyard.
Unit Size
3,356 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$234
Property Type
House
Property Taxes
$1,401
HOA Dues
$50
Year Built
1979
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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 #9107238)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 20, 2023 | Sold | ||
| Sold | |||
| Nov 19, 2022 | Listed by Martha Turner Sotheby's International Realty | $785,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Apr 23, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Jan 24, 2020 | Listed by Keller Williams Realty | $798,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Contemporary chic blended with classic design - this transitional beauty is a dream in the heart of Memorial. Nestled on a full-size lot yet offering the ease of patio-home living, this sophisticated residence affords every possible luxury amenity from high ceilings to spacious common areas, abundant natural light, and an open-concept floorplan for entertaining in style. Porcelain wood-style flooring thoroughout the first floor and a backyard oasis featuring a garden wall including a dog walk-path around the house makes this stunning home as low-maintenance indoors as it is outdoors. MASTER DOWN and an additional guest suite downstairs makes this ideal for multi-generational living. Additional 2 bedrooms and office nook upstairs make family living seamless and luxurious. Zoned to exemplary Frostwood Elementary, Memorial Middle, and Memorial High School and an easy commute to all business districts in Houston, this one cannot be beat. Make it yours today.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Kelly Law, Martha Turner Sotheby's International Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 9107238
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Last Updated: 4 months ago
Data Source: HAR , MLS# 9107238
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