$2,195,000 Last Listed Price
●
House -
Off Market
2407 Pelham Drive
Houston, TX 77019
3 Beds
2 Baths,
1
Half Bath
2,875 Ft²
$2,186,835
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Charming 1938 (HCAD) River Oaks home w/modern updates.
Renovation/addition: Jackson Ryan Architects & Ista Construction
(2018). 2020 landscape/hardscape: Lanson B Jones. Interiors: Jerry
Jeanmard/Wells Design. 3 beds, 2.5 baths w/sep. garage apt.
Original pegged wood floors. Formal living opens to large family rm
w/vaulted ceiling & French doors to garden. Formal dining w/garden
views. Renovated kitchen: Miele appliances, Shaw farm sink, La
Cornue range, honed quartzite counters. Butler's pantry.
Light-filled Brkfst rm. Powder rm. 2nd Fl: Primary w/painted
floor+2 walk-in closets. Breathtaking marble bath w/2 console
sinks, soaking tub + shower & Kallista fixtures. 2 well-sized 2nd
beds w/ample closets. Renovated secondary bath. Laundry rm. Garden
for entertaining & privacy: turfed grass, lighting,
slate&brick. Updates: electrical, EV charging station, siding,
windows, sprinklers, driveway, mosquito sys, copper gutters
&more. Rare original charm updated to current standards. Per
Seller
Unit Size
2,875 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$763
Property Type
House
Property Taxes
$2,602
HOA Dues
$196
Year Built
1938
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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 #10602046)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2023 | Sold | ||
| Sold | |||
| Sep 22, 2023 | Listed by Greenwood King Properties | $2,195,000 | |
| Listed by Greenwood King Properties | |||
| | |||
|
Charming 1938 (HCAD) River Oaks home w/modern updates. Renovation/addition: Jackson Ryan Architects & Ista Construction (2018). 2020 landscape/hardscape: Lanson B Jones. Interiors: Jerry Jeanmard/Wells Design. 3 beds, 2.5 baths w/sep. garage apt. Original pegged wood floors. Formal living opens to large family rm w/vaulted ceiling & French doors to garden. Formal dining w/garden views. Renovated kitchen: Miele appliances, Shaw farm sink, La Cornue range, honed quartzite counters. Butler’s pantry. Light-filled Brkfst rm. Powder rm. 2nd Fl: Primary w/painted floor+2 walk-in closets. Breathtaking marble bath w/2 console sinks, soaking tub + shower & Kallista fixtures. 2 well-sized 2nd beds w/ample closets. Renovated secondary bath. Laundry rm. Garden for entertaining & privacy: turfed grass, lighting, slate&brick. Updates: electrical, EV charging station, siding, windows, sprinklers, driveway, mosquito sys, copper gutters &more. Rare original charm updated to current standards. Per Seller
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
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Sold On
HOA + Taxes
About Central Houston
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Listed by: Sarah Callaway Sulma, Greenwood King Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 10602046
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Last Updated: 4 months ago
Data Source: HAR , MLS# 10602046
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