$5,225,000 Last Listed Price
●
House -
Off Market
711 Marchmont Drive
Houston, TX 77024
6 Beds
6 Baths,
2
Half Baths
9,190 Ft²
$5,285,568
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
On one of Piney Point's most desirable tree lined street, lies this
gorgeous estate which sits on a village acre flat. A masterpiece of
sensibility built by Russell King of King Residential rarely is a
home built to such exacting standards. Every inch of this
Mediterranean villa-inspired estate is composed of only the finest
materials, inlaid marble and Brazilian Walnut floors, Stone
fireplace and pillars, beautiful millwork crown molding, and
coffered ceilings can be found throughout the home's grand 9,190
square feet. High-end amenities include a home theatre, guest
bedroom suite, pool, and formal gardens dotting the incredible
sprawling lush grounds. No expense was spared in this automated
smart home with designer kitchen plus secondary kitchen, handmade
custom milled cabinetry with the finest details of true old world
craftsmanship blended with modern day conveniences.This turn-key
estate comes loaded with every detail thought through.
Unit Size
9,190 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$569
Property Type
House
Property Taxes
$7,384
HOA Dues
$17
Year Built
2011
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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: 5 months ago (HAR #93725998)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2022 | Sold | ||
| Sold | |||
| Apr 9, 2022 | Listed by Compass RE Texas, LLC | $5,225,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
On one of Piney Point's most desirable tree lined street, lies this gorgeous estate which sits on a village acre flat. A masterpiece of sensibility built by Russell King of King Residential rarely is a home built to such exacting standards. Every inch of this Mediterranean villa-inspired estate is composed of only the finest materials, inlaid marble and Brazilian Walnut floors, Stone fireplace and pillars, beautiful millwork crown molding, and coffered ceilings can be found throughout the home's grand 9,190 square feet. High-end amenities include a home theatre, guest bedroom suite, pool, and formal gardens dotting the incredible sprawling lush grounds. No expense was spared in this automated smart home with designer kitchen plus secondary kitchen, handmade custom milled cabinetry with the finest details of true old world craftsmanship blended with modern day conveniences.This turn-key estate comes loaded with every detail thought through.
| |||
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: Sabiha Rehmatulla, Compass RE Texas, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 93725998
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Last Updated: 5 months ago
Data Source: HAR , MLS# 93725998
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