$2,435,000 Last Listed Price
●
House -
Off Market
3207 Newcastle Drive
Houston, TX 77027
4 Beds
6 Baths,
1
Half Bath
5,432 Ft²
$15,643
Est. Monthly
$87
HOA / Fees
About This Property
A stylish inner loop oasis combining captivating contemporary
architecture with exceptional amenities. This refined residence
offers a distinctive Allen Bianchi design with luxurious interiors
ideal for artistic display enhanced by impeccable scale,
substantial ceiling heights, and abundant natural light. Dramatic
Entry Hall with double-height ceiling opens to a central gallery
and fabulous formals. Gourmet Island Kitchen with butler's bar and
informal dining area opens to a sizable Den with walls of windows
overlooking the backyard retreat featuring a swimming pool/spa
surrounded by an artificial lawn, summer kitchen, and cabana
bath. Private Parlor with en-suite bath (optional ground-level
Guest Suite). Primary Suite up with lavish bath and dressing room.
Upstairs Game Room, Home Office, 2 Guest Suites, and a covered
balcony opening to a sizable turfed terrace. Elevator-installed.
Security Surveillance. 2-Car Attached Garage.
Unit Size
5,432 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$448
Property Type
House
Property Taxes
$3,600
HOA Dues
$87
Year Built
2004
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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 #55702531)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Relisted | $2,435,000 | |
| Relisted | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Listed by Compass RE Texas, LLC - Houston | $2,435,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
|
A stylish inner loop oasis combining captivating contemporary architecture with exceptional amenities. This refined residence offers a distinctive Allen Bianchi design with luxurious interiors ideal for artistic display enhanced by impeccable scale, substantial ceiling heights, and abundant natural light. Dramatic Entry Hall with double-height ceiling opens to a central gallery and fabulous formals. Gourmet Island Kitchen with butler's bar and informal dining area opens to a sizable Den with walls of windows overlooking the backyard retreat featuring a swimming pool/spa surrounded by an artificial lawn, summer kitchen, and cabana bath. Private Parlor with en-suite bath (optional ground-level Guest Suite). Primary Suite up with lavish bath and dressing room. Upstairs Game Room, Home Office, 2 Guest Suites, and a covered balcony opening to a sizable turfed terrace. Elevator-installed. Security Surveillance. 2-Car Attached Garage.
| |||
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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
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Listed by: Laura Sweeney, Compass RE Texas, LLC - Houston
Last Updated: 4 months ago
Data Source: HAR , MLS# 55702531
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Last Updated: 4 months ago
Data Source: HAR , MLS# 55702531
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