$1,500,000 Last Listed Price
●
House -
Off Market
2602 Riverside Drive
Houston, TX 77004
5 Beds
3 Baths,
1
Half Bath
4,638 Ft²
$1,569,569
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Built in 1930 and designed by renowned architect Lenard Gabert,
this French Provincial estate has been impeccably preserved over
the years. The home boasts a rare Basement, POOL & HOT TUB,
finished 3rd floor, and Garage Apartment. Art Deco inspired
finishes throughout include ornate stained-glass, period hardwoods,
original light fixtures, and original trim, doors and door
hardware. Guests are greeted by a sweeping grand staircase that
leads to a secluded library. The main living area adjacent to the
Foyer features floor to ceiling windows and offers coved ceiling
detail and an elaborate fireplace mantel. Beyond the Living Room is
the Sunroom which is surrounded by windows and offers access to
north and south facing terraces. Dining Room with ornate trim seats
dozens! 2nd Floor features an expansive Primary Suite, 3 additional
bedrooms, a study, a rooftop terrace and separate staircase which
leads to the 3rd floor with a 5th bedroom, wet bar and full bath.
Click link for video tour!
Unit Size
4,638 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$323
Property Type
House
Property Taxes
$1,325
HOA Dues
-
Year Built
1930
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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: 4 months ago (HAR #56393386)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2022 | Sold | ||
| Sold | |||
| Aug 5, 2022 | Listed by Keller Williams Realty - Memorial | $1,500,000 | |
| Listed by Keller Williams Realty - Memorial | |||
| | |||
|
Built in 1930 and designed by renowned architect Lenard Gabert, this French Provincial estate has been impeccably preserved over the years. The home boasts a rare Basement, POOL & HOT TUB, finished 3rd floor, and Garage Apartment. Art Deco inspired finishes throughout include ornate stained-glass, period hardwoods, original light fixtures, and original trim, doors and door hardware. Guests are greeted by a sweeping grand staircase that leads to a secluded library. The main living area adjacent to the Foyer features floor to ceiling windows and offers coved ceiling detail and an elaborate fireplace mantel. Beyond the Living Room is the Sunroom which is surrounded by windows and offers access to north and south facing terraces. Dining Room with ornate trim seats dozens! 2nd Floor features an expansive Primary Suite, 3 additional bedrooms, a study, a rooftop terrace and separate staircase which leads to the 3rd floor with a 5th bedroom, wet bar and full bath. Click link for video tour!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
Baths
ft²
Price/ft²
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Closing Price
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HOA + Taxes
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Listed by: Casey Dewees, Keller Williams Realty - Memorial
Last Updated: 4 months ago
Data Source: HAR , MLS# 56393386
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Last Updated: 4 months ago
Data Source: HAR , MLS# 56393386
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