705 Colquitt 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.
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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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | In contract | - | |
| In contract | |||
| Mar 15, 2024 | Listed by Keller Williams Realty Metropolitan | $875,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Welcome to 705 Colquitt. An ultra private & totally remodeled gem Craftsman style bungalow in the heart of Houston's Montrose. This oversized lot (6000 sq ft per HCAD) is a chic oasis. The epitome of comfortable, elevated living in a 1920's historic home. Exceptionally functional floorpan openly flows throughout. Large, open entertainment room/den and kitchen area. Expansive gourmet kitchen with Ceasar stone countertops, Thermador gas range, storage galore and reverse osmosis water system. The bedrooms are on back wing of house. Both bathrooms have been completely gutted with custom vanities and tile work. Spacious primary suite has ensuite bathroom. These are just some of the many elevated offerings. Additionally, there is a detached two car garage with an apt or home office above and a small backyard. Ultimate convenience to 19 museums, many of Houston's favorite restaurants, nightlife, entertainment and TMC.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017