$1,825,000 Last Listed Price
●
House -
Off Market
1606 Morse Street
Houston, TX 77019
3 Beds
4 Baths,
1
Half Bath
5,028 Ft²
$2,088,605
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
One of the most distinctive homes in this River Oaks Area
neighborhood, this California-style contemporary home was custom
built by the original owner-builder with design features & finishes
ahead of their time. This elegant residence sets itself apart with
its striking exterior elevations, sophisticated floorplan,
extraordinary outdoor dining & living spaces with remarkably
appointed summer kitchen & pneumatic elevator that opens to living
areas on each floor. The beautifully appointed kitchen, with a huge
island & pull up seating, opens to the generous living & dining
areas. The formal dining is privately situated across from the home
office/study & accessible through the butler's pantry off the
kitchen. The striking wrought iron staircase takes you to the
second floor where you find the main suite with screened porch &
treetop views of the pretty patio. The home theater, den/office &
terrace/summer kitchen are on third floor. Please view photos &
video to capture flow & features!
Unit Size
5,028 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$363
Property Type
House
Property Taxes
$3,276
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 #37979728)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2021 | Sold | ||
| Sold | |||
| Apr 16, 2021 | Listed by Martha Turner Sotheby's | $1,825,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
One of the most distinctive homes in this River Oaks Area neighborhood, this California-style contemporary home was custom built by the original owner-builder with design features & finishes ahead of their time. This elegant residence sets itself apart with its striking exterior elevations, sophisticated floorplan, extraordinary outdoor dining & living spaces with remarkably appointed summer kitchen & pneumatic elevator that opens to living areas on each floor. The beautifully appointed kitchen, with a huge island & pull up seating, opens to the generous living & dining areas. The formal dining is privately situated across from the home office/study & accessible through the butler's pantry off the kitchen. The striking wrought iron staircase takes you to the second floor where you find the main suite with screened porch & treetop views of the pretty patio. The home theater, den/office & terrace/summer kitchen are on third floor. Please view photos & video to capture flow & features!
| |||
Property Highlights
Elevator
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 Central Houston
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Listed by: Kiki Wilson, Martha Turner Sotheby's
Last Updated: 5 months ago
Data Source: HAR , MLS# 37979728
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Last Updated: 5 months ago
Data Source: HAR , MLS# 37979728
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