$1,080,000 Last Listed Price
●
House -
Off Market
1740 Kipling Street
Houston, TX 77098
3 Beds
2 Baths
1,820 Ft²
$6,410
Est. Monthly
About This Property
This distinctly delightful three-bedroom, two-bath bungalow
features a two-story garage quarters with 2 full bedrooms and
bathrooms in Winlow Place. A genuine urban sanctuary, the property
boasts a large, heated pool and is extremely walkable to the
amenities of Montrose. With nearly 2,000 square feet of airy
comfort, it is bright and inviting, adorned with numerous windows
that provide ample natural light. The open-concept kitchen and
adjoining breakfast area seamlessly connect to a cozy family room.
The formal living spaces provide a fluid arrangement, ideal for
entertaining. French doors lead to a stunning backyard that leads
to the garage quarters, which includes a full kitchen and living
space. Unrestricted, the space is perfect for use as an AirBNB/VRBO
or as a lovely guest house for visitors. Just moments away from
excellent dining options, Hermann Park, the Menil Collection,
H-E-B, shopping, and more.
Unit Size
1,820 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$593
Property Type
House
Property Taxes
$1,106
HOA Dues
-
Year Built
1925
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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 #77381768)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by New Leaf Real Estate | $1,080,000 | |
| Listed by New Leaf Real Estate | |||
| | |||
|
This distinctly delightful three-bedroom, two-bath bungalow features a two-story garage quarters with 2 full bedrooms and bathrooms in Winlow Place. A genuine urban sanctuary, the property boasts a large, heated pool and is extremely walkable to the amenities of Montrose. With nearly 2,000 square feet of airy comfort, it is bright and inviting, adorned with numerous windows that provide ample natural light. The open-concept kitchen and adjoining breakfast area seamlessly connect to a cozy family room. The formal living spaces provide a fluid arrangement, ideal for entertaining. French doors lead to a stunning backyard that leads to the garage quarters, which includes a full kitchen and living space. Unrestricted, the space is perfect for use as an AirBNB/VRBO or as a lovely guest house for visitors. Just moments away from excellent dining options, Hermann Park, the Menil Collection, H-E-B, shopping, and more.
| |||
Property Highlights
Garage
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: Caroline Harrison, New Leaf Real Estate
Last Updated: 4 months ago
Data Source: HAR , MLS# 77381768
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Last Updated: 4 months ago
Data Source: HAR , MLS# 77381768
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