$1,898,800 Last Listed Price
●
House -
Off Market
4603 Banning Drive
Houston, TX 77027
4 Beds
4 Baths,
2
Half Baths
5,260 Ft²
$12,489
Est. Monthly
$79
HOA / Fees
About This Property
Nestled in the charming Afton Oaks neighborhood, this striking 4
bed/4 full bath/2 half bath residence with in-home elevator boasts
grand design & luxurious amenities. Spacious interior complete with
wood paneled Study, a formal Dining Room, Wet Bar with shelving &
cooled bottle storage, & a sprawling Game Room with built-in
entertainment center. The gourmet Kitchen includes stainless
appliances, butler's pantry, center island, & breakfast bar seating
open to the Family Room which complements the open floor plan,
perfect for hosting gatherings. The massive Primary Suite is a true
retreat. Outside, a shimmering swimming pool & inviting hot tub
beckon on sunny days, while a covered summer kitchen promises
delightful alfresco dining. This house seamlessly blends comfort &
sophistication, making it an ideal haven for those seeking the
pinnacle of modern living. Live within minutes of the desirable
River Oaks District, Highland Village, and Galleria Area.
Unit Size
5,260 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$361
Property Type
House
Property Taxes
$3,086
HOA Dues
$79
Year Built
2006
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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 #42786848)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2024 | Sold | ||
| Sold | |||
| Sep 14, 2023 | Listed by Martha Turner Sotheby's International Realty | $1,898,800 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Nestled in the charming Afton Oaks neighborhood, this striking 4 bed/4 full bath/2 half bath residence with in-home elevator boasts grand design & luxurious amenities. Spacious interior complete with wood paneled Study, a formal Dining Room, Wet Bar with shelving & cooled bottle storage, & a sprawling Game Room with built-in entertainment center. The gourmet Kitchen includes stainless appliances, butler's pantry, center island, & breakfast bar seating open to the Family Room which complements the open floor plan, perfect for hosting gatherings. The massive Primary Suite is a true retreat. Outside, a shimmering swimming pool & inviting hot tub beckon on sunny days, while a covered summer kitchen promises delightful alfresco dining. This house seamlessly blends comfort & sophistication, making it an ideal haven for those seeking the pinnacle of modern living. Live within minutes of the desirable River Oaks District, Highland Village, and Galleria Area.
| |||
Property Highlights
Elevator
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: Donna Wilson, Martha Turner Sotheby's International Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 42786848
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Last Updated: 4 months ago
Data Source: HAR , MLS# 42786848
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