10114 Balmforth Lane
About This Property
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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 |
|---|---|---|---|
| Apr 22, 2022 | Sold | ||
| Sold | |||
| Mar 24, 2022 | Listed by Beth Wolff, REALTORS | $549,000 | |
| Listed by Beth Wolff, REALTORS | |||
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Beautifully updated home located in the heart of Meyerland! Features open concept living and kitchen, great for entertaining. Primary suite downstairs with oversized walk-in closet & island dresser, ensuite bath with double vanity & large shower. Stunning gourmet kitchen with stainless steel appliances, dual-fuel double oven & gas range, Carrara marble countertops & gorgeous Zellige tile backsplash, family style island, & walk-in pantry. Living room with large picture window & built-in window seat. Home office features floor to ceiling bookshelves and large bay window. Bonus room with window A/C located off garage. Exterior paint, gutters, water heater & windows 2021, replaced A/C condensers 2017, carpet upstairs 2020. Walking distance to Kolter Elementary and Godwin Park! Zoned to Kolter Elementary, Meyerland Middle School/Pin Oak Middle School, and Bellaire High School. Easy access to 610 and minutes from Downtown, The Galleria, and the Texas Medical Center.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017