3122 Murworth Drive
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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%.
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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 |
|---|---|---|---|
| Jul 26, 2023 | Sold | ||
| Sold | |||
| Jun 22, 2023 | Listed by HTX Living, LLC | $649,000 | |
| Listed by HTX Living, LLC | |||
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Fall in love w/this elegant 3-story Mediterranean design on ideal corner lot in the exclusive gated community of Buffalo Park; just 1 mile from NRG! Unique stucco exterior & gated covered porch welcomes you to 1st floor study behind French doors, elegant formal dining, & spacious family room w/stately fireplace + custom built-ins. Hardwood floors, thick crown molding, premium finishes, designer paint & plantation shutters throughout. Gorgeous eat-in island kitchen w/granite counters, built-in “bill pay” desk, custom cabinetry & Viking SS appliances. Flexible game room upstairs that could be a 4th bedroom guest suite + 3 beds & 3 full baths. Primary Suite offers coffee bar, spa-like en-suite bath w/Whirlpool tub + separate shower, & enormous walk-in closet. All-home hepa air filtration system & elevator capable (per seller). Also features private back patio, 2-car garage, pre-wired alarm, zoned AC/heating & more. Minutes from Downtown Houston, TX Med Center & near 610 for easy commute.
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Property Highlights
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017