1235 Mcmurtry Ridge Drive
About This Property
Upstairs, find a spacious game room with a "secret" hidden space behind a bookshelf, a tiered media room, and three large bedrooms. Features high-end shutters and a 3-car garage. The oversized covered patio is perfect for gatherings against a tranquil forest backdrop. Never flooded, not in the flood zone.
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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 |
|---|---|---|---|
| Aug 24, 2026 | Sold | ||
| Sold | |||
| Jul 25, 2026 | In contract | - | |
| In contract | |||
| Jun 27, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 26, 2026 | Listed by Houston Elite Properties LLC | $849,990 | |
| Listed by Houston Elite Properties LLC | |||
| May 30, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017