$1,159,000 Last Listed Price
●
House -
Off Market
1234 Oak Tree Drive
Houston, TX 77055
4 Beds
4 Baths,
2
Half Baths
3,871 Ft²
$1,229,567
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
Move-in ready new construction in a hot, up and coming neighborhood
with easy access to I-10. The lofty home is built to impress with
many custom features, upgraded materials and architectural style
providing a solid custom experience. Striking site lines with
French Oak floors softly reflect light from numerous windows and
French doors opening to spacious covered seating with two-sided
fireplace. Expansive indoor/outdoor entertaining spaces with
vaulted living are seamless with "magazine cover" massive island
kitchen, brimming with high-end features and appliances, quartzite,
sleek, full-height cabinetry, 10-burner gas cooking, dual ovens,
two sinks and fabulous working pantry. Primary suite is grand-scale
and luxuriously appointed with large, dual custom closets and
lavish dual vanity bath for the ultimate indulgence and space
(connects to laundry). Upstairs, roomy ensuite secondary bedrooms
with walk-ins, large well-illuminated game room and second laundry
room. Oversized mudroom.
Unit Size
3,871 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$299
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021
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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 #67894341)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2022 | Sold | ||
| Sold | |||
| Oct 12, 2022 | Listed by Tammy Bateman Properties | $1,159,000 | |
| Listed by Tammy Bateman Properties | |||
| | |||
|
Move-in ready new construction in a hot, up and coming neighborhood with easy access to I-10. The lofty home is built to impress with many custom features, upgraded materials and architectural style providing a solid custom experience. Striking site lines with French Oak floors softly reflect light from numerous windows and French doors opening to spacious covered seating with two-sided fireplace. Expansive indoor/outdoor entertaining spaces with vaulted living are seamless with “magazine cover” massive island kitchen, brimming with high-end features and appliances, quartzite, sleek, full-height cabinetry, 10-burner gas cooking, dual ovens, two sinks and fabulous working pantry. Primary suite is grand-scale and luxuriously appointed with large, dual custom closets and lavish dual vanity bath for the ultimate indulgence and space (connects to laundry). Upstairs, roomy ensuite secondary bedrooms with walk-ins, large well-illuminated game room and second laundry room. Oversized mudroom.
| |||
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 Northwest Houston
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Listed by: Tammy Bateman, Tammy Bateman Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 67894341
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Last Updated: 4 months ago
Data Source: HAR , MLS# 67894341
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