$1,250,000 Last Listed Price
●
House -
Off Market
4123 Marlowe Street
Houston, TX 77005
4 Beds
2 Baths,
1
Half Bath
3,344 Ft²
$1,292,391
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Graced with tremendous curb appeal, 4123 Marlowe was custom built
by Trend Homes, a developer in the community that was able to turn
the 4100 block of Marlowe into a cul-de-sac street. Boasting
3,344 square feet, this four-bedroom home has been pristinely
maintained. The layout of the first floor, with its classic
architecture, features a large kitchen with adjacent dining room as
well as a private study at the front of the home with the family
room and formal living on the other side of the center stairs.
Upstairs you will find the master suite with large bathroom
and dual walk-in closets, along with three additional bedrooms, a
bathroom and laundry room. What truly gives this property a
certain 'je ne sais quoi' are the gardens. The inviting front
porch overlooks the meticulous front lawn with its assortment of
mature landscaping and colorful annuals while the backyard is
reminiscent of gardens you may find in Europe. Above the
475+/- square foot garage are unfinished quarters.
Unit Size
3,344 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$374
Property Type
House
Property Taxes
$1,817
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: 4 months ago (HAR #30360104)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2022 | Sold | ||
| Sold | |||
| Jul 15, 2022 | Listed by Martha Turner Sotheby's International Realty | $1,250,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Graced with tremendous curb appeal, 4123 Marlowe was custom built by Trend Homes, a developer in the community that was able to turn the 4100 block of Marlowe into a cul-de-sac street. Boasting 3,344 square feet, this four-bedroom home has been pristinely maintained. The layout of the first floor, with its classic architecture, features a large kitchen with adjacent dining room as well as a private study at the front of the home with the family room and formal living on the other side of the center stairs. Upstairs you will find the master suite with large bathroom and dual walk-in closets, along with three additional bedrooms, a bathroom and laundry room. What truly gives this property a certain 'je ne sais quoi' are the gardens. The inviting front porch overlooks the meticulous front lawn with its assortment of mature landscaping and colorful annuals while the backyard is reminiscent of gardens you may find in Europe. Above the 475+/- square foot garage are unfinished quarters.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
Sold On
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HOA + Taxes
About Southwest Houston
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Listed by: David Atkins, Martha Turner Sotheby's International Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 30360104
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Last Updated: 4 months ago
Data Source: HAR , MLS# 30360104
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