$925,000 Last Listed Price
●
House -
Off Market
609 Malone Street
Houston, TX 77007
3 Beds
3 Baths,
2
Half Baths
4,307 Ft²
$1,124,867
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
This unique contemporary construction is perfectly suited for
multi-level entertaining. Balconies on each floor and a spectacular
roof terrace with sweeping views of the Houston skyline provide
amazing outdoor space. Conveniently located next to the roof
terrace on the 4th floor is a flex room with kitchenette including
dishwasher and icemaker. The oversized Chef's kitchen on the second
floor opens to the expansive dining and living area which boasts
high ceilings. The large game/party room with wet bar on the first
floor with access to the patio could also serve as a 4th bedroom.
This new build is highly energy-efficient and includes a metal
roof, steel cage construction, concrete and Brazilian hardwood
siding, and custom details throughout. White-oak hardwood floors on
3 levels and sleek bathroom fixtures add to the timeless elegance
of this extraordinary property.
Unit Size
4,307 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$215
Property Type
House
Property Taxes
$1,402
HOA Dues
$21
Year Built
2017
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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 #66998966)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Jun 30, 2020 | Listed by Beth Wolff, REALTORS | $925,000 | |
| Listed by Beth Wolff, REALTORS | |||
| | |||
|
This unique contemporary construction is perfectly suited for multi-level entertaining. Balconies on each floor and a spectacular roof terrace with sweeping views of the Houston skyline provide amazing outdoor space. Conveniently located next to the roof terrace on the 4th floor is a flex room with kitchenette including dishwasher and icemaker. The oversized Chef’s kitchen on the second floor opens to the expansive dining and living area which boasts high ceilings. The large game/party room with wet bar on the first floor with access to the patio could also serve as a 4th bedroom. This new build is highly energy-efficient and includes a metal roof, steel cage construction, concrete and Brazilian hardwood siding, and custom details throughout. White-oak hardwood floors on 3 levels and sleek bathroom fixtures add to the timeless elegance of this extraordinary property.
| |||
Property Highlights
Air Conditioning
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: Ursula Muenzel, Beth Wolff, REALTORS
Last Updated: 4 months ago
Data Source: HAR , MLS# 66998966
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Last Updated: 4 months ago
Data Source: HAR , MLS# 66998966
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