$1,700,000 Last Listed Price
●
House -
Off Market
1245 Chippendale Road
Houston, TX 77018
4 Beds
3 Baths,
1
Half Bath
4,790 Ft²
$1,739,245
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Welcome to the home that you have always dreamed of as Resource
Builders took out all of the stops from the moment you arrive at
the striking stone accented elevation. Double front doors welcome
you in to a dramatic two-story entry with millwork accented walls &
herringbone wood floors. Open concept living area that offers an
impressive chef's kitchen with oversized marble island, Sub
zero/wolf appliance package, a built in Dacor wine station &
coffee/expresso machine and a full working pantry. Master ensuite
adorned with wood floors, light and bright bath & a closet that is
magazine worthy. Three additional bedrooms finished with wood
floors, two baths along with a stately office, large functional
game room & wet bar are found upstairs. The backyard oasis has an
outdoor kitchen, a recently installed pool, hottub, outdoor shower
& extended pavers overlooking an expansive backyard on a 1/4 acre.
This is one of the most coveted streets in Oak Forest & walkable to
many new hot spots.
Unit Size
4,790 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$355
Property Type
House
Property Taxes
$2,525
HOA Dues
$50
Year Built
2019
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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 #73413711)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by Martha Turner Sotheby's International Realty | $1,880,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Remarkable family home on a 1/4 of an acre lot with expansive backyard and sparkling pool. Double front doors welcome you in to a dramatic two-story entry with millwork accented walls & herringbone wood floors. Open concept living area that offers an impressive chef's kitchen with oversized marble island, Sub zero/wolf appliance package, a built in Dacor wine station & coffee/expresso machine and a full working pantry. Primary ensuite adorned with wood floors, light and bright bath & a closet that is magazine worthy. Three additional bedrooms finished with wood floors, two baths along with a stately office, large functional game room & wet bar are found upstairs. The backyard oasis has an outdoor kitchen, pool and spa , outdoor shower & extended pavers and child gates. This is one of the most coveted streets in Oak Forest & walkable to many new hot spots.
| |||
| Jul 25, 2022 | Sold | ||
| Sold | |||
| May 31, 2022 | Listed by Texas Local Realty, LLC | $1,700,000 | |
| Listed by Texas Local Realty, LLC | |||
| | |||
|
Welcome to the home that you have always dreamed of as Resource Builders took out all of the stops from the moment you arrive at the striking stone accented elevation. Double front doors welcome you in to a dramatic two-story entry with millwork accented walls & herringbone wood floors. Open concept living area that offers an impressive chef's kitchen with oversized marble island, Sub zero/wolf appliance package, a built in Dacor wine station & coffee/expresso machine and a full working pantry. Master ensuite adorned with wood floors, light and bright bath & a closet that is magazine worthy. Three additional bedrooms finished with wood floors, two baths along with a stately office, large functional game room & wet bar are found upstairs. The backyard oasis has an outdoor kitchen, a recently installed pool, hottub, outdoor shower & extended pavers overlooking an expansive backyard on a 1/4 acre. This is one of the most coveted streets in Oak Forest & walkable to many new hot spots.
| |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About North Houston
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Listed by: Kristin Kubala, Texas Local Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 73413711
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Last Updated: 5 months ago
Data Source: HAR , MLS# 73413711
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