$1,295,000 Last Listed Price
●
House -
Off Market
3111 Rice Boulevard
Houston, TX 77005
3 Beds
3 Baths
2,511 Ft²
$1,701,419
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Spectacularly updated 3/3/2 home in West University that has been
impeccably maintained. Over $165,000 in updates completed within
last 5 years includes lighting, hardware, wood shutters throughout,
Surround Sound, landscaping & much more. Interior Paint including
Kitchen Cabinets, 2 HVAC units, Refinished Hardware Floors, Gate
Control updated in (Sept) 2020. Formal Living, Study, Bedroom, Full
Bathroom, Family Room/Den that is open to Kitchen all located
downstairs. Kitchen features Carrera Marble Counters, S/S
appliances, w/Warming Drawer. Family Room has wall of custom
built-ins. Oversized Master Suite, Large Master Bath w/Tub &
separate Shower, spacious walk-in Master Closet w/custom built-ins,
3rd Bedroom, 3rd Full Bathroom, and Utility Room all located on
second floor. Privately landscaped brick patio w/built-in Grill &
Mosquito System leads to Game Room/Office/Outdoor Media. Automatic
Driveway Gate for privacy leads to Carport & oversized Garage
w/extra storage.
Unit Size
2,511 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$516
Property Type
House
Property Taxes
$1,809
HOA Dues
-
Year Built
1934
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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 #74701420)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2020 | Sold | ||
| Sold | |||
| Oct 25, 2020 | Listed by Compass Re Texas, LLC | $1,295,000 | |
| Listed by Compass Re Texas, LLC | |||
| | |||
|
Spectacularly updated 3/3/2 home in West University that has been impeccably maintained. Over $165,000 in updates completed within last 5 years includes lighting, hardware, wood shutters throughout, Surround Sound, landscaping & much more. Interior Paint including Kitchen Cabinets, 2 HVAC units, Refinished Hardware Floors, Gate Control updated in (Sept) 2020. Formal Living, Study, Bedroom, Full Bathroom, Family Room/Den that is open to Kitchen all located downstairs. Kitchen features Carrera Marble Counters, S/S appliances, w/Warming Drawer. Family Room has wall of custom built-ins. Oversized Master Suite, Large Master Bath w/Tub & separate Shower, spacious walk-in Master Closet w/custom built-ins, 3rd Bedroom, 3rd Full Bathroom, and Utility Room all located on second floor. Privately landscaped brick patio w/built-in Grill & Mosquito System leads to Game Room/Office/Outdoor Media. Automatic Driveway Gate for privacy leads to Carport & oversized Garage w/extra storage.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Southwest Houston
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Listed by: Philip Thomas, Compass Re Texas, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 74701420
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Last Updated: 4 months ago
Data Source: HAR , MLS# 74701420
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