971 Kirby Drive
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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 |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| May 25, 2023 | Listed by Douglas Elliman Real Estate | $4,975,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Newly renovated traditional 4 bedroom-5/2 bathroom River Oaks Estate on over a half-acre lot. Circular drive and southern style lawn and gardens. Gorgeous formals-sweeping staircase-family room has 5 sets of French doors inviting the outside in for expanded entertaining. Chef's dream gourmet kitchen, high-end appliances, grand library-dramatic 1/2 bath-wet bar w/comm. SS sink, wine & beverage refrigerators. Schenck wood floors. Second Floor has expansive, private primary suite & 2 primary baths+2 bedrooms w/ensuite bathrooms & utlilty. Miele coffee systems- Third Floor features glass walls & glass sliding doors, workout rm, GR/Media, bedroom, bathroom,+1/2 bath-Elevator-backyard exudes comfort & tranquility-sparkling pool w/peaceful fountains, vast patio for grilling & entertaining. Quarters/Guest House boasts 2 bedrooms, bath, LR & Kitchen (1,073 sf) above 3-car garage w/private entry-minutes to downtown events-easy access to Museums, TX Medical Center, shopping - ROE & ROCC.
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About Central Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017