$1,995,000 Last Listed Price
●
House -
Off Market
26 Rains Way
Houston, TX 77007
3 Beds
3 Baths,
1
Half Bath
4,854 Ft²
$2,305,754
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Stunning custom home in a gated enclave overlooking the Hogg Bird
Sanctuary by Memorial Park. The groin vaulted entry opens to the
two story rotunda. Impressive library or formal living room with
gorgeous oak floors, wall of windows, plantation shutters and
marble fireplace. Spacious formal dining room with high ceilings,
hardwood floors and double doors opening to the private courtyard
and fountain. Recently renovated chef's kitchen with high end
stainless steel appliances, limestone floors, custom cabinetry and
large island with counter seating. Family room with marble
fireplace and gorgeous oak floors with wall of glass overlooking
the serene sanctuary. Incredible master suite with recently
redesigned marble master bathroom, his and her vanities and
separate walk-in closets. Third floor oversized guest suite or
additional living area with bowed wood-ribbed ceilings and wall of
windows with treetop views.Elevator accessing all 3 floors.
Additional 500 SF of unfinished space.
Unit Size
4,854 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$411
Property Type
House
Property Taxes
$3,491
HOA Dues
$250
Year Built
1999
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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: 6 months ago (HAR #43335959)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by Martha Turner Sotheby's | $1,995,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Stunning custom home in a gated enclave overlooking the Hogg Bird Sanctuary by Memorial Park. The groin vaulted entry opens to the two story rotunda. Impressive library or formal living room with gorgeous oak floors, wall of windows, plantation shutters and marble fireplace. Spacious formal dining room with high ceilings, hardwood floors and double doors opening to the private courtyard and fountain. Recently renovated chef's kitchen with high end stainless steel appliances, limestone floors, custom cabinetry and large island with counter seating. Family room with marble fireplace and gorgeous oak floors with wall of glass overlooking the serene sanctuary. Incredible master suite with recently redesigned marble master bathroom, his and her vanities and separate walk-in closets. Third floor oversized guest suite or additional living area with bowed wood-ribbed ceilings and wall of windows with treetop views.Elevator accessing all 3 floors. Additional 500 SF of unfinished space.
| |||
Property Highlights
Elevator
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Central Houston
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Listed by: Cynthia Bigelow, Martha Turner Sotheby's
Last Updated: 6 months ago
Data Source: HAR , MLS# 43335959
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Last Updated: 6 months ago
Data Source: HAR , MLS# 43335959
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