$1,779,000 Last Listed Price
●
House -
Off Market
8517 Panatella Drive
Houston, TX 77055
5 Beds
4 Baths
5,084 Ft²
$1,774,146
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Now complete! Custom masterpiece by Northstone Builders (ig:
@northstonebuilders) with the finest appointments and design. Large
island kitchen with Thermador appliances opens to the family room
and overlooks covered patio and grill area. Luxurious primary suite
as well as separate guest suite are downstairs. 3 secondary beds
upstairs with large game and flex rooms. Laundry hook up downstairs
in mudroom as well as large laundry room 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. Large backyard with room for a pool (lot size is
approximate per survey). Valley Oaks Elementary and Memorial High
School. No Harvey flooding in front or back yard per seller. A must
see!
Unit Size
5,084 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$350
Property Type
House
Property Taxes
$906
HOA Dues
$2
Year Built
1952
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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 #28258775)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2023 | Sold | ||
| Sold | |||
| Apr 13, 2023 | Listed by Martha Turner Sotheby's International Realty | $1,779,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Now complete! Custom masterpiece by Northstone Builders (ig: @northstonebuilders) with the finest appointments and design. Large island kitchen with Thermador appliances opens to the family room and overlooks covered patio and grill area. Luxurious primary suite as well as separate guest suite are downstairs. 3 secondary beds upstairs with large game and flex rooms. Laundry hook up downstairs in mudroom as well as large laundry room 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. Large backyard with room for a pool (lot size is approximate per survey). Valley Oaks Elementary and Memorial High School. No Harvey flooding in front or back yard per seller. A must see!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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About Northwest Houston
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Listed by: Richard Stone, Martha Turner Sotheby's International Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 28258775
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Last Updated: 5 months ago
Data Source: HAR , MLS# 28258775
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