1750 Cornelius Trace Loop
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 17, 2024 | Sold | ||
| Sold | |||
| Dec 27, 2023 | In contract | - | |
| In contract | |||
| Nov 27, 2023 | Listed by Martha Turner Sotheby's International Realty | $1,075,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Nestled in a quiet, gated Spring Branch community, this home is zoned to top-rated SBISD schools and conveniently situated near the Galleria, Downtown, and Memorial areas. The first-floor living boasts high ceilings, expansive windows, and engineered hardwood floors throughout. The living room features in-ceiling mounted speakers, remote-controlled roman shades, & a gaslog fireplace. The chef's kitchen showcases Monogram stainless steel appliances, soft-close drawers, and a breakfast island that flows into the dining and living spaces. The second floor features the primary suite, offering a spa-like bathroom with dual vanities, a jetted soaking tub, a "super shower," and walk-in closets with custom shelving. Three additional bedrooms, a utility room, & a third-floor area perfect for a flex space, complete with a dry bar & beverage fridge. The exterior includes a covered patio with a built-in summer kitchen, complementing the lush green space equipped with a MosquitoNix Misting system.
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About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017