11215 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 2, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Meadows Property Group | $569,000 | |
| Listed by Meadows Property Group | |||
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Welcome to the freshly updated home located at 11215 Ivyridge Road, nestled in the beautiful Sherwood Oaks subdivision. This home has 4 spacious bedrooms and 2/1 baths. The primary suite is located downstairs and includes French doors that open to a covered patio area facing the pool. This updated home features new custom cabinets and quartz countertops in the kitchen. The hardwood floors downstairs and carpet upstairs are all brand new and the entire interior has been freshly painted. The den and living areas are open and so inviting. One of the many highlights of this home is the expansive back yard with a sparkling pool and plenty of green space, an ideal retreat for outdoor gatherings, summer barbecues, or simply unwinding after a long day. The neighborhood residents enjoy being located in Spring Branch ISD, near many shopping, dining, and recreational amenities.
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| Jun 16, 2021 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Listed by Cornerstone Prop Mngt, Inc, | $409,000 | |
| Listed by Cornerstone Prop Mngt, Inc, | |||
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This 4 bedroom 2 and a half bath with a pool, beautifully Updated and Renovated home is located on a large corner lot in a quiet friendly neighborhood. This Updated home features new custom European cabinets, brand new quartz countertops and new porcelain tile flooring. The home features a big pool in the backyard. The kitchen has brand new SS appliances installed with a custom vent hood. The primary bathroom comes with a brand new built shower and freestanding tub, with a spacious walk in closet. There are 3 bedrooms upstairs with brand new custom berber carpet. The living room has new wood flooring and new lights. The family room has beautiful new wooden flooring with a beautifully done brick fireplace at the center. The house has new hardware, new light and plumbing fixtures, etc. Almost everything in this house is brand new. A Must See!!!
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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