$1,399,950 Last Listed Price
●
House -
Off Market
1606 Elmen Street
Houston, TX 77019
4 Beds
4 Baths,
1
Half Bath
4,606 Ft²
$1,575,578
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
An incredible find in the River Oaks Shopping Center area and Hyde
Park, this home features a beautiful open floor plan and soft
modern style. Natural light abounds throughout this spacious home
featuring views of the patio throughout the first floor. The
kitchen includes high-end appliances including SubZero
refrigeration, an oversized island, and ample counter space for
entertaining. Four sets of sliding glass doors provide access to
the backyard space, complete with an outdoor kitchen and pool. The
second-floor Primary Suite offers a private retreat, with a
spacious bathroom fitted with an Ultra Bath tub, and an impressive
shower. The second-floor game room includes a kitchenette, private
bathroom, and additional flex room-perfect for an additional
bedroom. Additional upgrades include a Crestron Lighting System and
whole-house Control-4 Smart System. Located mere blocks from West
Gray/River Oaks dining and shopping and minutes from Houston's
cultural, business and medical centers.
Unit Size
4,606 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$304
Property Type
House
Property Taxes
$2,589
HOA Dues
-
Year Built
2007
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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 #47385006)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2021 | Sold | ||
| Sold | |||
| May 26, 2021 | Listed by JLA Realty | $1,399,950 | |
| Listed by JLA Realty | |||
| | |||
|
An incredible find in the River Oaks Shopping Center area and Hyde Park, this home features a beautiful open floor plan and soft modern style. Natural light abounds throughout this spacious home featuring views of the patio throughout the first floor. The kitchen includes high-end appliances including SubZero refrigeration, an oversized island, and ample counter space for entertaining. Four sets of sliding glass doors provide access to the backyard space, complete with an outdoor kitchen and pool. The second-floor Primary Suite offers a private retreat, with a spacious bathroom fitted with an Ultra Bath tub, and an impressive shower. The second-floor game room includes a kitchenette, private bathroom, and additional flex room-perfect for an additional bedroom. Additional upgrades include a Crestron Lighting System and whole-house Control-4 Smart System. Located mere blocks from West Gray/River Oaks dining and shopping and minutes from Houston's cultural, business and medical centers.
| |||
Property Highlights
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 Central Houston
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Listed by: William Smolensky, JLA Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 47385006
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Last Updated: 5 months ago
Data Source: HAR , MLS# 47385006
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