10952 Cannes Memorial 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 |
|---|---|---|---|
| Aug 17, 2022 | Sold | ||
| Sold | |||
| May 6, 2022 | Listed by Martha Turner Sotheby's International Realty | $399,900 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by Martha Turner Sotheby's | $349,000 | |
| Listed by Martha Turner Sotheby's | |||
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This gated Spring Branch community of recent construction homes with water feature, extra parking, and park like common areas. This 3/2/1 home has updates galore, stacked stone backsplash in the kitchen, granite counters, tons of shaker style cabinets, huge island, walk in pantry, stainless appliances and open concept living. Upgraded engineered hardwood flooring on the first level and upgraded carpet in the bedroom areas. The large primary suite with large walk in primary closet, double vanities in the primary bath, quartz counters, with separate shower with subway tile, and soaking tub. The 2 secondary bedrooms are very nice sized and share a beautiful hall bath that also has quartz counters and subway tile. Tons of extra storage in the garage and the garage floor has also been upgraded with the epoxy coating on the floor. Don't miss this one.
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| Jun 25, 2020 | Sold | ||
| Sold | |||
Property Highlights
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About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017