$2,099,000 Last Listed Price
●
House -
Off Market
1815 Kipling Street
Houston, TX 77098
4 Beds
4 Baths,
1
Half Bath
4,300 Ft²
$2,115,273
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Stunning new construction by Wood Custom Homes on beautifully
elevated Winlow Place/ Montrose lot. Offers striking elevation with
painted brick, completed quarters above garage, designer selected
finishes, custom millwork, elevator capability, and high ceilings.
Additional amenities include chef's kitchen with Wolf appliances
and cabinet-style refrigerator, wine cellar, large dining room,
gameroom, mud area, family room with 10ft sliding glass doors
opening onto patio/ backyard, and spectacular primary suite with
spa like primary bath and oversize closet. Located near Menil
Collection, Medical Center, and vibrant Montrose restaurant/
nightlife scene. Completion end of February 2023. All per Seller
Unit Size
4,300 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$488
Property Type
House
Property Taxes
$971
HOA Dues
-
Year Built
1934
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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 #87891241)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2023 | Sold | ||
| Sold | |||
| Sep 30, 2022 | Listed by Greenwood King Properties | $2,099,000 | |
| Listed by Greenwood King Properties | |||
| Dec 21, 2021 | Sold | ||
| Sold | |||
| Oct 5, 2021 | Listed by RE/MAX Signature Galleria | $689,000 | |
| Listed by RE/MAX Signature Galleria | |||
| | |||
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Rare opportunity to acquire a premiere lot in one of the nicest areas in Montrose. Lot is located in the Winlow Place subdivision, the jewel on Montrose ! The lot has an elevated slope from the street & sidewalk and has never flooded. This location with a high Walkability score is close to area cafes, restaurants , bars , Supermarkets. Very close to public & private schools . Walk to The Menil Collection ,St Thomas University and area parks . Come build your dream home under the shade of a near 100 old old tree providing a huge shade canopy. This live oak tree sits on the property line to the West (see photos & attached survey). The lot is surrounded by what appear to be long-term structures with new & vintage construction nearby.
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Property Highlights
Fireplace
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: Derik Daniels, Greenwood King Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 87891241
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Last Updated: 5 months ago
Data Source: HAR , MLS# 87891241
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