2709 Werlein Avenue
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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.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Mar 22, 2024 | In contract | - | |
| In contract | |||
| Mar 12, 2024 | Listed by Compass RE Texas, LLC - Houston | $1,699,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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This West University property offers a perfect blend of luxury and practicality. This light-filled home with an open plan layout, warm hardwood floors, exudes a bright and welcoming ambiance. Upgraded kitchen with quartzite countertops, walk-in and butler's pantry. Family room with garden windows a fireplace with built-in cabinets on each side, and a dry bar. A discrete spandrel closet on the hall. Elegant office with built-in desk and library, and double French doors for privacy and natural light. The second floor features 5 bedrooms, including a spacious sunlit primary bedroom. The primary bathroom with jetted bathtub, standing shower, double sink and two walk in closets. Large secondary room with full bath and closet. 2 bedrooms share a J&J bathroom, and a Guest bedroom with en-suite. Bonus room with costume made desk and cabinets with French pocket doors. Within walking distance to Rice Village and Whitt J Park. Close to the Medical Center, Down Town, and The Museum District.
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Property Highlights
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About Southwest Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 15697267
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Phone: 425-283-2930
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