$1,995,000 Last Listed Price
●
House -
Off Market
1607 Elmen Street
Houston, TX 77019
3 Beds
3 Baths,
1
Half Bath
5,042 Ft²
$2,334,237
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Contemporary style and transitional design elements. Unparalleled
luxury and an unbeatable location. Custom Allan Edwards home
located in the pedestrian-friendly area of River Oaks Shopping
Center, fine dining, shopping & entertainment are only a few
minutes walk from the front door. Designer finishes throughout, to
accent the open, clean lines of this home. Double glass sliding
doors from the patio and pool area open wide, to create an ideal
space for relaxing or entertaining. A true chefs kitchen with
Sub-Zero & Wolf appliances, custom cabinetry by Osborne, and quartz
countertops provide ample preparation space. Move upstairs in the
installed elevator to the second floor. Custom French Oak flooring
creates a warm and inviting space as you walk past your executive
work area with an expansive view of the street. Wide-open views
create a calming retreat as you enter the master suite. Dual
closets with adjoining laundry room, covered third-floor balcony
and truly unique flex space.
Unit Size
5,042 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$396
Property Type
House
Property Taxes
$1,101
HOA Dues
-
Year Built
2018
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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 #73334108)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2021 | Sold | ||
| Sold | |||
| Aug 7, 2020 | Listed by JLA Realty | $1,995,000 | |
| Listed by JLA Realty | |||
| | |||
|
Contemporary style and transitional design elements. Unparalleled luxury and an unbeatable location. Custom Allan Edwards home located in the pedestrian-friendly area of River Oaks Shopping Center, fine dining, shopping & entertainment are only a few minutes walk from the front door. Designer finishes throughout, to accent the open, clean lines of this home. Double glass sliding doors from the patio and pool area open wide, to create an ideal space for relaxing or entertaining. A true chefs kitchen with Sub-Zero & Wolf appliances, custom cabinetry by Osborne, and quartz countertops provide ample preparation space. Move upstairs in the installed elevator to the second floor. Custom French Oak flooring creates a warm and inviting space as you walk past your executive work area with an expansive view of the street. Wide-open views create a calming retreat as you enter the master suite. Dual closets with adjoining laundry room, covered third-floor balcony and truly unique flex space.
| |||
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: William Smolensky, JLA Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 73334108
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Last Updated: 5 months ago
Data Source: HAR , MLS# 73334108
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