$699,000 Last Listed Price
●
House -
Off Market
1655 Marshall Street
Houston, TX 77006
2 Beds
2 Baths
1,950 Ft²
$708,579
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Wonderful Mandell Place home remodeled in 2013. Main house and
efficiency apartment currently leased until end June 2022.
Main house 2 bedroom, 1 bath plus additional detached
downstairs studio/bedroom plus one bathroom for a total of 3
bedroom 2 baths. In addition there is a 2nd floor garage
studio apartment with full bathroom and nice kitchen. Main
house has a Large living room and large formal dining room. Nice
size bedrooms with lots of natural light. Nice open kitchen
with lots of storage. Hardwood floors throughout. Fenced in back
yard for lots of privacy. 1 block away from HEB. Short
distance to DeMenil Museum and park. Only minutes away from
Downtown, Greenway, Med Center and Galleria. Walking distance
to restaurants.
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$358
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924
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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: 4 months ago (HAR #82958054)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | In contract | - | |
| In contract | |||
| Jan 3, 2025 | No longer available | - | |
| No longer available | |||
| Jan 2, 2025 | Listed by The LaRose Kaileh Group | $1,997,500 | |
| Listed by The LaRose Kaileh Group | |||
   | |||
|
Another exquisite property by Hampton Lane Builders in a prestigious deed restricted neighborhood near River Oaks. Ideal for formal entertaining and casual family living, featuring a gourmet kitchen with high-end appliances, a custom wine room, and a bar. The outdoor kitchen overlooks a spacious backyard with bamboo landscaping for privacy. The second floor boasts a luxurious primary suite with a fireplace, a marble bath, and a massive closet. Three additional bedrooms with ensuite baths, a game room, and a utility room complete the layout. Zoned to top-rated schools, and conveniently located near major city attractions.
| |||
| Oct 1, 2024 | Relisted | $1,997,500 | |
| Relisted | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Central Houston
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Listed by: Dennis Pow-Sang, Southern Prime Realty, Inc.
Last Updated: 4 months ago
Data Source: HAR , MLS# 82958054
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Last Updated: 4 months ago
Data Source: HAR , MLS# 82958054
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