10502 Ivyridge Road
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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 |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by Compass RE Texas, LLC - Memorial | $450,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
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Welcome to this beautifully updated 3/2 in the heart of popular Spring Branch. Amidst the majestic oak trees, this home features a double-wide driveway and an open concept living/dining/kitchen area that flows effortlessly for entertaining. Remodeled in 2016, the living room was opened to the kitchen featuring custom site-built soft close cabinetry w/ undercabinet lighting, Bianco Venatino Marble counters, KitchenAid appliances, Shaw's fireclay apron sink and more. Added in 2022, the dining room boasts built-in cabinetry w/ undercabinet lighting, wine refrigerator, quartz counters and expansive patio w/ gabled pitch roof, recessed lights and outlets for fans, speakers and hard-wired with infrared heater in 2024. There is still plenty of room in the expansive back yard for a pool, if desired. Other updates include: bathrooms w/ marble, PEX water supply lines, rerouted sewer lines, roof replaced in 2020, foundation repairs in 2016. See updates list for more. All info per Sellers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017