$785,000 Last Listed Price
●
House -
Off Market
3931 Law Street
Houston, TX 77005
3 Beds
3 Baths,
1
Half Bath
2,938 Ft²
$794,100
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
A garden entrance welcomes you and your guests to your home. The
ground floor offers the formal entrance, an ensuite guest bedroom
and access to the two-car garage. This beautiful recent
construction home shows like new construction with open second
floor kitchen, living and dining areas. The serious cooks will like
the large island kitchen with walk-in pantry, lots of counterspace
and storage space and appealing natural light. Enjoy relaxing on
the 2nd floor balcony or the rooftop deck as you gaze across the
city and enjoy a morning sunrise or evening sunset. The large
primary bedroom encompasses the entire 3rd floor and has space for
a separate sitting area. In addition to the luxurious primary bath,
the customized walk-in closet is a shopper's dream. The 4th floor
bedroom and bath also offer a flex space that could be used as a
media room, home office, hobby room or library that gives access to
the roof balcony.
Unit Size
2,938 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$267
Property Type
House
Property Taxes
$1,383
HOA Dues
$96
Year Built
2014
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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 #31431668)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by Douglas Elliman Real Estate | $785,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
|
A garden entrance welcomes you and your guests to your home. The ground floor offers the formal entrance, an ensuite guest bedroom and access to the two-car garage. This beautiful recent construction home shows like new construction with open second floor kitchen, living and dining areas. The serious cooks will like the large island kitchen with walk-in pantry, lots of counterspace and storage space and appealing natural light. Enjoy relaxing on the 2nd floor balcony or the rooftop deck as you gaze across the city and enjoy a morning sunrise or evening sunset. The large primary bedroom encompasses the entire 3rd floor and has space for a separate sitting area. In addition to the luxurious primary bath, the customized walk-in closet is a shopper's dream. The 4th floor bedroom and bath also offer a flex space that could be used as a media room, home office, hobby room or library that gives access to the roof balcony.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
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 Central Houston
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Listed by: Jo Reid, Douglas Elliman Real Estate
Last Updated: 5 months ago
Data Source: HAR , MLS# 31431668
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Last Updated: 5 months ago
Data Source: HAR , MLS# 31431668
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