1527 Moritz 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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by RE/MAX Grand | $499,000 | |
| Listed by RE/MAX Grand | |||
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“Don’t miss this opportunity to own in one of the most sought-after locations in Spring Branch. This spacious lot offers a home that’s perfect for a remodel or teardown to build your dream home. Nestled near Moritz Pech Family Park and zoned to Spring Branch ISD, the property is surrounded by high-end new construction and mature trees. Just minutes from Katy Freeway, Memorial City Mall, CityCentre, Memorial Hermann Hospital, and professional buildings, you’ll enjoy easy access to downtown Houston, the Theater District, Hermann Park, museums, and the Houston Zoo. The area boasts endless shopping and dining options nearby.” Home will be sold AS IS with no repairs.
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Property Highlights
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Price/ft²
Listed On
Sold On
About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017