$2,495,000 Last Listed Price
●
House -
Off Market
35 Mott Lane
Piney Point Village, TX 77024
5 Beds
6 Baths,
1
Half Bath
5,924 Ft²
$2,499,183
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Situated on 48,000+ square feet of land, this 5,924 square foot
home in the heart of Piney Point, which has never flooded, was
custom built by Charles Martin with a purpose of every room being
able to look out over the enchanting grounds. The first floor of
the home was designed to have panoramic vistas of the gardens, pool
area and numerous entertainment levels. Amenities on the first
floor include a grand, double volume living room, an oversized
kitchen with adjacent breakfast room and den, a home office, two
secondary bedrooms, each with an ensuite bath, a hot tub/sunroom
and a dry sauna. The master suite, along with two additional
bedrooms and a game room, are located on the second floor. The
crown jewel of this property awaits you once you venture to the
backyard where you will find a vibrant sea of color in the
landscaping designed by William Hance, best known for his work at
The Houstonian with numerous focal points such as the alfresco
dining level and the lavish pool.
Unit Size
5,924 Ft²
Days on Market
-
Land Size
1.12 acres
Price per sqft
$421
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
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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 #28532113)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2023 | Sold | ||
| Sold | |||
| Jan 13, 2023 | Listed by Martha Turner Sotheby's International Realty | $2,495,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Situated on 48,000+ square feet of land, this 5,924 square foot home in the heart of Piney Point, which has never flooded, was custom built by Charles Martin with a purpose of every room being able to look out over the enchanting grounds. The first floor of the home was designed to have panoramic vistas of the gardens, pool area and numerous entertainment levels. Amenities on the first floor include a grand, double volume living room, an oversized kitchen with adjacent breakfast room and den, a home office, two secondary bedrooms, each with an ensuite bath, a hot tub/sunroom and a dry sauna. The master suite, along with two additional bedrooms and a game room, are located on the second floor. The crown jewel of this property awaits you once you venture to the backyard where you will find a vibrant sea of color in the landscaping designed by William Hance, best known for his work at The Houstonian with numerous focal points such as the alfresco dining level and the lavish pool.
| |||
Property Highlights
Air Conditioning
Fireplace
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
About Westside
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Listed by: David Atkins, Martha Turner Sotheby's International Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 28532113
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Last Updated: 5 months ago
Data Source: HAR , MLS# 28532113
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