$2,450,000 Last Listed Price
●
House -
Off Market
3610 Rice Boulevard
Houston, TX 77005
4 Beds
3 Baths,
1
Half Bath
3,440 Ft²
$2,483,576
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Amazing opportunity for a 15,000 square foot lot in the heart of
West University Place! Imagine your dream home with a spacious yard
plus a gorgeous swimming pool already in place in one of the best
neighborhoods in Houston OR choose to restore/reimagine this
beautiful 1940s estate with pool, pool house, outdoor kitchen and
pergola, built-in fire pit and garage apartment. House and garage
apartment are currently occupied so PLEASE make an appointment to
view the property. This property is just a short distance away from
West U's finest restaurants and shops, West U Elementary, West U
Little League fields, and so much more! Home and all exterior
buildings are being sold AS-IS, WHERE-IS and no repairs will be
made (although this home is beautiful inside!), this is being sold
at Lot Value of $163.33PSF! *All Per Seller
Unit Size
3,440 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$712
Property Type
House
Property Taxes
$3,909
HOA Dues
-
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: 4 months ago (HAR #10059452)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2022 | Sold | ||
| Sold | |||
| Mar 4, 2022 | Listed by Compass RE Texas, LLC | $2,450,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Amazing opportunity for a 15,000 square foot lot in the heart of West University Place! Imagine your dream home with a spacious yard plus a gorgeous swimming pool already in place in one of the best neighborhoods in Houston OR choose to restore/reimagine this beautiful 1940s estate with pool, pool house, outdoor kitchen and pergola, built-in fire pit and garage apartment. House and garage apartment are currently occupied so PLEASE make an appointment to view the property. This property is just a short distance away from West U’s finest restaurants and shops, West U Elementary, West U Little League fields, and so much more! Home and all exterior buildings are being sold AS-IS, WHERE-IS and no repairs will be made (although this home is beautiful inside!), this is being sold at Lot Value of $163.33PSF! *All Per Seller
| |||
Property Highlights
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 Southwest Houston
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Listed by: Carol Rowley, Compass RE Texas, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 10059452
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Last Updated: 4 months ago
Data Source: HAR , MLS# 10059452
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