2429 Southgate Boulevard
About This Property
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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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Nov 8, 2023 | Listed by Compass RE Texas, LLC - Houston | $2,500,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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This stunning contemporary home, designed by renowned architect Christopher Robertson features 4 bedrooms, 4.5 bathrooms, Control 4 home automation, an elevator, and a 2-story courtyard glassed atrium. Step inside and be captivated by the spacious floorplan, accented with white oak hardwoods and porcelain block flooring, well-placed skylights and floor level windows, and captivating cantilevered walls, all creating a warm and distinctively modern atmosphere. The kitchen boasts marble counters, walnut cabinets, a KitchenAid refrigerator and Fisher-Paykel ovens. All bedrooms are en-suite with the enormous primary retreat having a private balcony, a desk area, his/her closets, a soaking tub and a double rain shower. The exterior displays such unique architecture, tidy and minimal maintenance landscaping, a summer kitchen, and an ample yard with space to add a cocktail pool. Located close to Rice University/Village, museums, and cultural attractions. Check the 3-D tour & schedule a tour!
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About South Central Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017