12455 Mooredale Lane
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 |
|---|---|---|---|
| Sep 19, 2022 | Sold | ||
| Sold | |||
| Aug 11, 2022 | Listed by Keller Williams Realty - Memorial | $749,900 | |
| Listed by Keller Williams Realty - Memorial | |||
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Nestled on a tree-lined cul-de-sac in the highly sought-after neighborhood of Memorial Meadows lies a hidden gem treasured for years! All of the original charm & craftsmanship of the traditional 1960s style with the convenience of the city of Houston that has grown around it. Classic layout with a spacious floor plan offering primary & secondary down, with a great option for a study, playroom, or build your dream closet. Delight in the open living room with custom woodwork and brick fireplace as well as formal living and dining. Upstairs is filled with light & features 3 additional bedrooms, game room & full bath. Enjoy the large fully-fenced backyard with covered patio & green space. Enjoy additional storage with the oversized 2-car garage & carport. Never flooded w/ an incredible location, minutes away from shopping & dining options. Zoned to Bunker Hill, Memorial Middle & Memorial HS, great access to I-10, Beltway 8, Bendwood Park, Memorial City Mall, City Centre & Memorial Medical.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017