4018 Betsy Lane
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| May 19, 2024 | In contract | - | |
| In contract | |||
| May 12, 2024 | Listed by Compass RE Texas, LLC - Houston | $2,175,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Meet Terrace House, a custom home with multiple terraces seamlessly integrating interior and exterior living spaces of this unique and special home. The finishes and fixtures were carefully curated with a nod to Mid-Century styling, including custom reclaimed teak floors in an oversized parquet pattern, teak wood cabinetry, and floor to ceiling windows overlooking multiple outdoor areas, including a backyard with pool and hot tub. High end finishes abound, including a colorful custom kitchen by Brazilian maker, Florense. Bedrooms are all generously sized with ensuite baths and terraces. The well-outfitted home office makes work feel like a day in nature. Premier location walkable to Highland Village, River Oaks District and Central Market. If you like contemporary style but are tired of the same white stucco boxes, this could be the one for you! Architect: Chris Lewis, AIA. Interiors: Joel Miller Kalmin. Landscape: Gregory/Henry Landscapes.
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About Central Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017