$1,100,000 Last Listed Price
●
House -
Off Market
1245 Tulane Street
Houston, TX 77008
4 Beds
3 Baths,
1
Half Bath
3,216 Ft²
$1,287,048
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Picture perfect Heights bungalow on corner, treelined lot! This
1930's charmer has been eloquently expanded and modernized.
Features include: Site-built custom cabinetry, heavy trim and
millwork, oak hardwoods throughout, solid core 6-panel doors,10foot
ceilings. Original fireplace, incredible marble kitchen island,
Thermador 6 burner + griddle range, and built in refrigerator.
Subzero wine fridge and beverage drawers. Walk-in pantry with
appliance counter. Built-in Sonos speaker system. Versatile layout
featuring primary and additional ensuite guest bedroom downstairs.
2 more bedrooms + gameroom up. Full Bathrooms on the first floor
have heated marble floors. Walk in laundry room on main floor. The
6,600sqft yard is fully fenced. The gated carport maximizes the
outdoor space doubles as a covered pavilion. This home is drips
quintessential Heights charm! Just blocks from the hike and bike
trail. Central to restaurants, boutiques, coffee shops, grocery and
more. Check link for video.
Unit Size
3,216 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$342
Property Type
House
Property Taxes
$1,987
HOA Dues
-
Year Built
1930
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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 #20178540)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2021 | Sold | ||
| Sold | |||
| Apr 21, 2021 | Listed by Martha Turner Sotheby's | $1,100,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Picture perfect Heights bungalow on corner, treelined lot! This 1930's charmer has been eloquently expanded and modernized. Features include: Site-built custom cabinetry, heavy trim and millwork, oak hardwoods throughout, solid core 6-panel doors,10foot ceilings. Original fireplace, incredible marble kitchen island, Thermador 6 burner + griddle range, and built in refrigerator. Subzero wine fridge and beverage drawers. Walk-in pantry with appliance counter. Built-in Sonos speaker system. Versatile layout featuring primary and additional ensuite guest bedroom downstairs. 2 more bedrooms + gameroom up. Full Bathrooms on the first floor have heated marble floors. Walk in laundry room on main floor. The 6,600sqft yard is fully fenced. The gated carport maximizes the outdoor space doubles as a covered pavilion. This home is drips quintessential Heights charm! Just blocks from the hike and bike trail. Central to restaurants, boutiques, coffee shops, grocery and more. Check link for video.
| |||
Property Highlights
Fireplace
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
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Central Houston
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Listed by: Jennifer Gangeri, Martha Turner Sotheby's
Last Updated: 5 months ago
Data Source: HAR , MLS# 20178540
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Last Updated: 5 months ago
Data Source: HAR , MLS# 20178540
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