11934 Meadow Place Drive
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 |
|---|---|---|---|
| Jan 28, 2025 | Sold | ||
| Sold | |||
| Nov 29, 2024 | Listed by Realm Real Estate Professionals - Katy | $349,000 | |
| Listed by Realm Real Estate Professionals - Katy | |||
| Nov 25, 2024 | No longer available | - | |
| No longer available | |||
| Nov 20, 2024 | Price Decreased |
$339,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Nov 8, 2024 | Listed by Realm Real Estate Professionals - Katy | $349,000 | |
| Listed by Realm Real Estate Professionals - Katy | |||
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Location!! Welcome to charming Home In WEST FONDREN.This beautiful two story, four-bedroom 2 and half bathroom home is what you’ve been searching for. Subdivision located in an establishment neighborhood. The house is close to the Main Street 59 Freeway which is a busy area. Home with fully upgraded light fixtures, luxury vinyl flooring, fresh interior paint, beautiful kitchen backsplash and Granite Countertops makes it look Modern, Cozy and Unique. No foundation. NEW AC, ROOF, no flood zone. Cover patios backyard. Closed to Bellaire and China town. Beltway 8 and Highway 59 and Highway 90 just 16 Minutes to the Downtown Houston and Medical Center, 10 Mins to the West University Place, 15 minutes To The Galleria Shopping Mall Center. The solar panel already paid off so it could save a lot of energy and include all the furniture that you could do on Airbnb. There's a full booking for Airbnb that has proof for the income. There's a rare chance for. it won't last long!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017