2136 Rice Boulevard
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Happen Houston | $3,000,000 | |
| Listed by Happen Houston | |||
| | |||
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This iconic Southampton estate sits on the most esteemed Rice block. This rare opportunity features an almost half-acre premier corner lot (19,800 sq. ft. per HCAD) in highly desirable Southampton Place. Beautiful frontage along Rice Blvd., directly across from Rice University, and expansive footage with garage access along Shepherd Dr. Stunning mature oak trees in the front and back yards await your vision for luxurious new construction with ample room for a pool, or the potential to remodel the existing 3200+ sqft home. Residents benefit from private security patrols and an active Civic Club. This highly sought-after residential neighborhood offers close proximity to the Texas Medical Center, Museum District, Hermann Park, and popular Rice Village. Enjoy the local eateries and shopping as well.
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| Apr 22, 2024 | No longer available | - | |
| No longer available | |||
| Apr 20, 2024 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017