10027 Cedardale Drive
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | Listed by Compass RE Texas, LLC - Houston | $595,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Feb 3, 2024 | No longer available | - | |
| No longer available | |||
| Nov 2, 2023 | Listed by Compass RE Texas, LLC - Katy | $675,000 | |
| Listed by Compass RE Texas, LLC - Katy | |||
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In the heart of Spring Branch this large ONE story home is an anomaly within Houston's fastest growing neighborhood. Just under 3,000sf, a renovated 3-4 bedroom and 3 full bathrooms; with a privacy gate surrounding the front elevation and an automated driveway gate for premier security for you and your family. Open living spaces throughout with a large open kitchen and two living/family rooms offering extra flex spaces for a home office or a movie theatre and more. Generac home generator, metal seamed roof, covered outdoor living area and high ceilings in the family room! Let's take a short walk down to Houston's hottest eateries & bars Mia's table, Torchy's Tacos, Kirby Icehouse, Underbelly Burgers coming soon with many more businesses popping up. Easy commuter access from I-10, energy corridor, downtown, galleria and beltway. Can't beat the location and the upcoming transitional plans that Spring Branch has completed and taking on- be apart of this fast growing neighborhood now!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017