$2,580,000 Last Listed Price
●
House -
Off Market
3214 Locke Lane
Houston, TX 77019
5 Beds
4 Baths,
1
Half Bath
3,436 Ft²
$16,475
Est. Monthly
$229
HOA / Fees
About This Property
An exquisite Colonial Revival which underwent a comprehensive
renovation this year. Registered as a City of Houston
Landmark, this timeless River Oaks gem boasts 5 bedrooms, 4 full
bathrooms and 1 half bath, and a two-car garage with added bonus
room that would serve as a guest suite, gym or study. Interior
features include an expansive Chef's kitchen with top-of-the-line
stainless steel appliances, a light-filled sunroom, formal dining
and living rooms, a cozy gas log fireplace and sleek hardwood
flooring throughout. An impeccably manicured lush green space sits
adjacent to the exterior patio which is adorned with intricate
slate tile flooring. This classic River Oaks jewel won't last long!
Unit Size
3,436 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$751
Property Type
House
Property Taxes
$3,578
HOA Dues
$229
Year Built
1940
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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: 5 months ago (HAR #43841208)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| May 6, 2024 | Listed by Compass RE Texas, LLC - Houston | $2,580,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
|
An exquisite Colonial Revival which underwent a comprehensive renovation this year. Registered as a City of Houston Landmark, this timeless River Oaks gem boasts 5 bedrooms, 4 full bathrooms and 1 half bath, and a two-car garage with added bonus room that would serve as a guest suite, gym or study. Interior features include an expansive Chef’s kitchen with top-of-the-line stainless steel appliances, a light-filled sunroom, formal dining and living rooms, a cozy gas log fireplace and sleek hardwood flooring throughout. An impeccably manicured lush green space sits adjacent to the exterior patio which is adorned with intricate slate tile flooring. This classic River Oaks jewel won't last long!
| |||
| Oct 1, 2020 | Sold | ||
| Sold | |||
| Sep 2, 2020 | Listed by Martha Turner Sotheby's | $1,925,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Gracious Colonial Revival residence originally designed by S.R. Slaughter and built by C.C. Bell. In 2007, the home was extensively redesigned by O. Russell Worley, A.I.A. Elegant formal living room with fireplace, exquisitely proportioned dining room, study/sunroom, all with beautiful natural light. Chef's kitchen with stainless appliances and excellent storage, wine refrigerator, butler's pantry, granite countertops, plantation shutters. Second level with 3 bedrooms, including the primary, and 3 baths. Third level with 2 bedrooms and 1 bath. 2-car garage and guest quarters with full bath. Stunning landscaped backyard with room for a pool. Classic River Oaks jewel!
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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Listed by: Mike Mahlstedt, Compass RE Texas, LLC - Houston
Last Updated: 5 months ago
Data Source: HAR , MLS# 43841208
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Last Updated: 5 months ago
Data Source: HAR , MLS# 43841208
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