113 Inverness 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%.
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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.
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 20, 2025 | Price Decreased |
$399,999
↓ $20K
(4.8%) | |
| Price Decreased | |||
| May 24, 2025 | Price Decreased |
$419,999
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Apr 25, 2025 | Listed by All City Real Estate | $435,000 | |
| Listed by All City Real Estate | |||
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Move-In Ready one story in the gate community of April Sound! This beautiful and well maintained 3 bedroom 2.5-bath home sits on a large cul-de-sac lot and features an open floor plan, custom all-brick construction, recent updates including a newer roof, newer AC units, new carpet in secondary bedrooms and a gas log fireplace, formal dining, and a chef’s kitchen with oversized steel appliances. The spacious primary suite offers a walk-in closet and spa-like bath and private door to the fenced backyard. Relax or entertain in the private backyard with a flagstone patio. Oversized 2-car garage. April Sound community offers golf, gym, tennis, pickle ball, swimming pools, marina access, and and a country club with dining options. This home is zoned to Montgomery ISD schools including lake Creek High School. Schedule your showing soon!
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| Sep 23, 2023 | Listed by RE/MAX Integrity | $423,999 | |
| Listed by RE/MAX Integrity | |||
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Welcome home to this charming 3 bedroom & 2.5 bath home boasts an abundance of natural light, thanks to the numerous windows. The kitchen has been thoughtfully remodeled, featuring beautiful new backsplash, countertops, & light fixtures. Equipped w/ a modern sink, faucet & a Thermador gas range w/ double ovens, this culinary haven includes a pot filler & a delightful coffee filler that awaits the caffeine enthusiast. Adding to the allure, a wet bar graces the space, complete w/ a copper sink & wine refrigerator. The kitchen opens up into the living room & formal dining room creating an open & inviting atmosphere, ideal for entertaining guests. Outside is a covered patio, perfect for relaxation & entertaining. The backyard is a haven for green thumbs w/ ideal space for the passionate gardener in the family. With its inviting ambiance & delightful features, this home is a haven of comfort & style.
Roof-2 years old
2 A/C Units- 2 years old
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| Nov 14, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017