$6,450,000 Last Listed Price
●
House -
Off Market
3438 Chevy Chase Drive
Houston, TX 77019
5 Beds
8 Baths,
2
Half Baths
9,168 Ft²
$38,854
Est. Monthly
$257
HOA / Fees
About This Property
A timeless River Oaks residence situated on a sizable 21,600
sq. ft. corner property within the highly coveted Country Club
Estates. This refined residence offers a classic floor plan
featuring grand-scale living spaces enhanced by substantial ceiling
heights and serene views of the surrounding gardens and sizable
swimming pool. Regal Reception Hall. Elegant Formals. Sizable Den.
Central Bar with Wine Closet. Island Kitchen with Morning Room and
ground-level Game Room with wet bar and cabana bath opening to the
pool terrace. Primary Suite up with fireplace, balcony access,
private parlor, and separate baths with designated dressing rooms.
3 Guest Suites + Fitness Center up. Elevator-installed to Third
Floor with Game Room, Paneled Study with Library loft, Media Room
with full bath, and Recreation Room. Standing Seam Copper Roof.
Three-car attached Garage with Guest Apartment above
accessible from the main residence or via a
separate staircase with exterior side entry.
Unit Size
9,168 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$704
Property Type
House
Property Taxes
$6,926
HOA Dues
$257
Year Built
1986
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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 #82361941)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by Compass RE Texas, LLC - Houston | $6,450,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
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A timeless River Oaks residence situated on a sizable 21,600 sq. ft. corner property within the highly coveted Country Club Estates. This refined residence offers a classic floor plan featuring grand-scale living spaces enhanced by substantial ceiling heights and serene views of the surrounding gardens and sizable swimming pool. Regal Reception Hall. Elegant Formals. Sizable Den. Central Bar with Wine Closet. Island Kitchen with Morning Room and ground-level Game Room with wet bar and cabana bath opening to the pool terrace. Primary Suite up with fireplace, balcony access, private parlor, and separate baths with designated dressing rooms. 3 Guest Suites + Fitness Center up. Elevator-installed to Third Floor with Game Room, Paneled Study with Library loft, Media Room with full bath, and Recreation Room. Standing Seam Copper Roof. Three-car attached Garage with Guest Apartment above accessible from the main residence or via a separate staircase with exterior side entry.
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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
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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: Laura Sweeney, Compass RE Texas, LLC - Houston
Last Updated: 4 months ago
Data Source: HAR , MLS# 82361941
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Last Updated: 4 months ago
Data Source: HAR , MLS# 82361941
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