4531 Elm Street
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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 |
|---|---|---|---|
| Oct 7, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Sep 8, 2026 | Listed by Compass RE Texas, LLC - Houston | $2,550,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Aug 28, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jul 16, 2026 | Listed by Compass RE Texas, LLC - Houston | $2,650,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Welcome to 4531 Elm, a newly built custom beauty by Watermark Homes on Bellaire's sought-after 4500 block. This stunning brick home offers 5 bedrooms, 4 full baths, and 2 powder baths, with modern design, quality craftsmanship and thoughtful details throughout.The spectacular chef's kitchen is complemented by a fully equipped prep/summer kitchen, creating the ultimate space for entertaining. The thoughtfully designed floor plan features a private first-floor junior suite and study, while upstairs offers a luxurious primary retreat, three spacious secondary bedrooms, and an expansive game room. Soaring ceilings, designer finishes, and impeccable attention to detail create a true "wow" at every turn. Generous closets, a large backyard with room for a future pool, and a premier location in Bellaire's most coveted neighborhood complete this exceptional offering. Zoned to highly acclaimed Horn Elementary and Bellaire High School. A true GEM!
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| Mar 17, 2023 | Sold | ||
| Sold | |||
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017