13119 Hermitage 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 |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Feb 20, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Listed by Martha Turner Sotheby's International Realty | $975,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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The only available opportunity to build in the very highly sought after Memorial Glen neighborhood, known for its village-like community, some of Houston's best public schools and sweet neighborhood club with pool and tennis/pickleball courts. This lot is on one of the quietest cul-de-sac streets in the neighborhood and has access to Terry Hershey Parks nearly 500 acres of green space.
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| Aug 18, 2022 | Sold | ||
| Sold | |||
| May 23, 2022 | Listed by Compass RE Texas, LLC | $799,000 | |
| Listed by Compass RE Texas, LLC | |||
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Incredible opportunity to build your dream home in one of the best located neighborhoods in Memorial! Nestled on a premier cul de sac lane amongst other beautiful homes and surrounded by mature trees, this property's vantage point faces a lovely gated entrance to Terry Hershey Park trails. With its secluded location south of Memorial,
exemplary SBISD schools and close knit community, this property has so much to offer for years to come. Neighborhood pool and tennis courts.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017