$1,769,000 Last Listed Price
●
House -
Off Market
527 Patchester Drive
Houston, TX 77079
5 Beds
4 Baths,
1
Half Bath
4,625 Ft²
$1,789,506
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Five bedroom masterpiece by Northstone Builders (ig:
@northstonebuilders) with the finest appointments and design in
Memorial. Estimated completion is June 2022. Primary suite plus 3
bedrooms upstairs, guest suite downstairs, elevator capable. Large
kitchen island with Thermador appliances opens to the family room
and overlooks covered patio and grill area. Large laundry upstairs.
Notable finishes include: site-built cabinets throughout, wide
plank wood floors, designer lighting and plumbing, quartzite
counters, Thermador appliances, farm sink, custom iron stair rail.
Well insulated and energy efficient. The backyard has room for a
pool. Wilchester Elem, Memorial Middle, Stratford HS. A must see!
Unit Size
4,625 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$382
Property Type
House
Property Taxes
$1,292
HOA Dues
$53
Year Built
2021
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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: 6 months ago (HAR #50711599)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2022 | Sold | ||
| Sold | |||
| Feb 24, 2022 | Listed by Martha Turner Sotheby's International Realty | $1,769,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Five bedroom masterpiece by Northstone Builders (ig: @northstonebuilders) with the finest appointments and design in Memorial. Estimated completion is June 2022. Primary suite plus 3 bedrooms upstairs, guest suite downstairs, elevator capable. Large kitchen island with Thermador appliances opens to the family room and overlooks covered patio and grill area. Large laundry upstairs. Notable finishes include: site-built cabinets throughout, wide plank wood floors, designer lighting and plumbing, quartzite counters, Thermador appliances, farm sink, custom iron stair rail. Well insulated and energy efficient. The backyard has room for a pool. Wilchester Elem, Memorial Middle, Stratford HS. A must see!
| |||
Property Highlights
Elevator
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 Westside
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Listed by: Richard Stone, Martha Turner Sotheby's International Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 50711599
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Last Updated: 6 months ago
Data Source: HAR , MLS# 50711599
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