Set behind the gates of Carlton Woods Nicklaus, this Jeff Paul,
French Country–inspired estate has been extensively reimagined with
exceptional craftsmanship and designer-selected finishes. New
9.5-inch wide-plank oak flooring and Visual Comfort lighting extend
throughout. The kitchen showcases custom inset cabinetry,
handcrafted polished-nickel hardware, Taj Mahal quartzite
countertops, backsplash and custom hood, a La Cornue range, dual
Miele AutoDos dishwashers, Miele refrigeration, built-in coffee
system, fireclay sinks and Rohl fixtures. Behind the kitchen, a
fabulous walk-in pantry is equipped with Miele refrigeration,
custom cabinetry, and additional counter space. The custom bar
offers Sub-Zero wine storage. Additional renovations include the
laundry room, pool bath, upstairs baths, study fireplace,
mudroom/drop station and upstairs kitchenette next to the gameroom.
A children's library/study complete the home. Great location, in
one of Houston's most sought after communities.
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.
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