$1,150,000 Last Listed Price
●
House -
Off Market
311 Malone Street
Houston, TX 77007
3 Beds
2 Baths,
1
Half Bath
2,950 Ft²
$1,158,953
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
New Orleans or Texas... in the heart of Rice Military and Memorial
Park sitting on 3 contiguous lots. This beautiful home has
great character and charm. A 2 story home with all living
downstairs featured on a 7500 sq ft lot includes (Lot 4,5,6).
Welcoming high ceilings, architectural statements and space galore.
Rain water collection system holds 550 gallons ample water to
water landscaping. Amarylis in the back are 100 years old, lotus
and papyrus, an organic garden with organic soil. Energy
efficient-3 separate AC's with 3 zones thus low e bill $200 a
month, back electrical panel has a plug if you lose power can plug
it right in. Rinni tankless gas hot water heater-commercial grade
are just a few of the extras this home offers. A must see and
a great home for entertaining. Open Sunday March 20, 1:00-4:00 pm.
Unit Size
2,950 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$390
Property Type
House
Property Taxes
$1,038
HOA Dues
-
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: 4 months ago (HAR #41138901)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | In contract | - | |
| In contract | |||
| Mar 21, 2024 | Listed by Martha Turner Sotheby's International Realty | $1,288,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Beautiful new construction - just completed. Elevator ready. Living areas on 1st floor. Primary bedroom on 2nd floor. Gameroom/den with wet bar overlooking room size covered balcony. Gorgeous seating island kitchen w/ designer stainless appliance package. Beautiful white oak hardwoods in all living areas and bedrooms. Private gated entry. Seven minutes to Downtown and surrounded by Memorial Park, Bayou Bend Park and Buffalo Bayou collection of Parks.
| |||
| May 10, 2022 | Sold | ||
| Sold | |||
| Mar 18, 2022 | Listed by BHGRE Gary Greene | $1,150,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
New Orleans or Texas... in the heart of Rice Military and Memorial Park sitting on 3 contiguous lots. This beautiful home has great character and charm. A 2 story home with all living downstairs featured on a 7500 sq ft lot includes (Lot 4,5,6). Welcoming high ceilings, architectural statements and space galore. Rain water collection system holds 550 gallons ample water to water landscaping. Amarylis in the back are 100 years old, lotus and papyrus, an organic garden with organic soil. Energy efficient-3 separate AC's with 3 zones thus low e bill $200 a month, back electrical panel has a plug if you lose power can plug it right in. Rinni tankless gas hot water heater-commercial grade are just a few of the extras this home offers. A must see and a great home for entertaining. Open Sunday March 20, 1:00-4:00 pm.
| |||
Property Highlights
Elevator
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Bernice Blum, BHGRE Gary Greene
Last Updated: 4 months ago
Data Source: HAR , MLS# 41138901
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Last Updated: 4 months ago
Data Source: HAR , MLS# 41138901
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