$2,975,000 Last Listed Price
●
House -
Off Market
3926 Drake Street
Houston, TX 77005
6 Beds
7 Baths
6,755 Ft²
$16,994
Est. Monthly
About This Property
Introducing an architectural marvel, this luxury home blends
elegance with meticulous craftsmanship and features a Crestron
Smart Home automation system for sound, lighting, security, blinds,
& climate control, a gourmet kitchen with top-of-the-line
Thermador® appliances, a wine display wall, and other
custom-designed features. Floor-to-ceiling sliding glass doors
connect indoor and outdoor spaces, revealing breathtaking pool
views from the study, dining, living, primary bedroom, and 3 other
bedrooms. The primary suite boasts a spa-like bathroom and custom
walk-in closet while each secondary bedroom features a walk-in
closet with bespoke floor-to-ceiling storage solutions and an
ensuite bathroom with towel warmers and heated floors. Two sets of
stairs, an elevator for convenience, an air-conditioned 3-car
garage, and a standing seam metal roof - no detail has been
overlooked. Discover a lifestyle of unparalleled luxury in every
detail of this extraordinary residence.
Unit Size
6,755 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$440
Property Type
House
Property Taxes
$2,386
HOA Dues
-
Year Built
1952
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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 #45595196)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | No longer available | - | |
| No longer available | |||
| May 6, 2024 | Listed by Compass RE Texas, LLC - Houston | $2,975,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
|
Introducing an architectural marvel, this luxury home blends elegance with meticulous craftsmanship and features a Crestron Smart Home automation system for sound, lighting, security, blinds, & climate control, a gourmet kitchen with top-of-the-line Thermador® appliances, a wine display wall, and other custom-designed features. Floor-to-ceiling sliding glass doors connect indoor and outdoor spaces, revealing breathtaking pool views from the study, dining, living, primary bedroom, and 3 other bedrooms. The primary suite boasts a spa-like bathroom and custom walk-in closet while each secondary bedroom features a walk-in closet with bespoke floor-to-ceiling storage solutions and an ensuite bathroom with towel warmers and heated floors. Two sets of stairs, an elevator for convenience, an air-conditioned 3-car garage, and a standing seam metal roof - no detail has been overlooked. Discover a lifestyle of unparalleled luxury in every detail of this extraordinary residence.
| |||
| Mar 14, 2024 | Listed by Compass RE Texas, LLC - Houston | $3,195,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
|
Introducing an architectural marvel, this luxury home blends elegance with meticulous craftsmanship and features a Crestron Smart Home automation system for sound, lighting, security, blinds, & climate control, a gourmet kitchen with top-of-the-line Thermador® appliances, a wine display wall, and other custom-designed features. Floor-to-ceiling sliding glass doors connect indoor and outdoor spaces, revealing breathtaking pool views from the study, dining, living, primary bedroom, and 3 other bedrooms. The primary suite boasts a spa-like bathroom and custom walk-in closet while each secondary bedroom features a walk-in closet with bespoke floor-to-ceiling storage solutions and an ensuite bathroom with towel warmers and heated floors. Two sets of stairs, an elevator for convenience, an air-conditioned 3-car garage, and a standing seam metal roof - no detail has been overlooked. Discover a lifestyle of unparalleled luxury in every detail of this extraordinary residence.
| |||
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Property Highlights
Garage
Elevator
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
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Listed by: Mike Mahlstedt, Compass RE Texas, LLC - Houston
Last Updated: 5 months ago
Data Source: HAR , MLS# 45595196
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Last Updated: 5 months ago
Data Source: HAR , MLS# 45595196
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