$2,895,000 Last Listed Price
●
House -
Off Market
3238 Ella Lee Lane
Houston, TX 77019
4 Beds
4 Baths,
2
Half Baths
5,497 Ft²
$3,345,944
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Tremendous architectural detail and quality throughout this River
Oaks home built and maintained by R.B. Ratcliff & Associates.
Design by Bill Furbush and Associates. Formal entry opens to
study/media room and formal dining with fireplace. The living room
overlooks the large courtyard with a Japanese Garden by Thompson
and Hansen. The den located off the Island kitchen with built-ins
and a fireplace overlooks the courtyard. Butler's pantry/ wet bar
with great storage. Elevator to all levels. Primary bedroom suite
with vaulted ceiling and courtyard views with his and her baths and
walk-in closets. Three additional bedrooms on level two and utility
room. Third floor temperature-controlled wine room with cedar lined
walls and an adjoining private office with a vaulted beamed
ceiling, lots of storage and great light. Attached two car garage
and back apartment/guest house with private back stair entrance.
Driveway gate and additional parking off front drive. Mature
Landscaping. A fine home.
Unit Size
5,497 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$527
Property Type
House
Property Taxes
$5,106
HOA Dues
$188
Year Built
1992
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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 #36047626)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2021 | Sold | ||
| Sold | |||
| Apr 26, 2021 | Listed by Compass RE Texas, LLC | $2,895,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Tremendous architectural detail and quality throughout this River Oaks home built and maintained by R.B. Ratcliff & Associates. Design by Bill Furbush and Associates. Formal entry opens to study/media room and formal dining with fireplace. The living room overlooks the large courtyard with a Japanese Garden by Thompson and Hansen. The den located off the Island kitchen with built-ins and a fireplace overlooks the courtyard. Butler’s pantry/ wet bar with great storage. Elevator to all levels. Primary bedroom suite with vaulted ceiling and courtyard views with his and her baths and walk-in closets. Three additional bedrooms on level two and utility room. Third floor temperature-controlled wine room with cedar lined walls and an adjoining private office with a vaulted beamed ceiling, lots of storage and great light. Attached two car garage and back apartment/guest house with private back stair entrance. Driveway gate and additional parking off front drive. Mature Landscaping. A fine home.
| |||
Property Highlights
Elevator
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Central Houston
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Listed by: Robert Bland, Compass RE Texas, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 36047626
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Last Updated: 5 months ago
Data Source: HAR , MLS# 36047626
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