3404 Chevy Chase Drive
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
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| Jun 28, 2023 | Sold | ||
| Sold | |||
| Jun 12, 2023 | Listed by Greenwood King Properties | $9,100,000 | |
| Listed by Greenwood King Properties | |||
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California modernism meets the welcoming warmth of Houston in this private half-acre Belgian contemporary estate situated in the heart of River Oaks Country Club Estates. The residence was originally designed by Houston legend, SI Morris & built by & for Houston construction mogul Leo Linbeck. The home recently underwent an extensive renovation in 2022, led by Chelsea McDermott of Chelsea Interiors, Barry Brown of Brownridge Builders & Michael Hutchins of Greentouch Design. The 7 bedroom residence is reimagined w/floor-to-ceiling windows, natural light & clean lines creating a seamless transition between indoor & outdoor spaces. The expansive kitchen remodel includes Calico Gold Calcutta marble, Wolf range & ovens, convection steam oven, and built-in Wolf espresso machine. The residence includes 2 spacious outdoor covered living-areas, a soothing contemporary water feature, luxurious swimming pool/spa, and is surrounded by a wall of nearly 100 soaring Juniper trees. All info per seller
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| Aug 23, 2021 | Sold | ||
| Sold | |||
| Jun 8, 2021 | Listed by Compass RE Texas, LLC | $5,900,000 | |
| Listed by Compass RE Texas, LLC | |||
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In the true heart of River Oaks sits this French Normandy inspired residence designed by Houston’s celebrated architect, S I Morris. Beautifully constructed and ageless in design, this meticulously crafted estate is perfectly understated with its discreet gated exterior and its stylish transitioning-contemporary interior. A sophisticated floorplan with grand open spaces for entertaining, 8 bedrooms and 9/2 Bathrooms. A captivating entrance with a glass front foyer. Spacious formals and solarium are accented by the sweeping trussed ceilings with glass panels in parts, allowing plentiful natural light, nurturing a flourishing fiddle leaf fig tree growing inside the solarium. The private motor court has two gated entries that contributes function and form to the residential landscape design. The primary bedroom is down with his and her bathrooms. A guest bedroom downstairs and secondary bedrooms upstairs. Front and rear staircases. Beach entrance pool, patio with summer kitchen.
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| Feb 14, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017