3123 Norris 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.
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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 29, 2023 | Sold | ||
| Sold | |||
| Jul 18, 2023 | Listed by Krueger Real Estate | $499,000 | |
| Listed by Krueger Real Estate | |||
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Single story brick home on a corner lot in the desirable Knollwood Village, zoned to top-rated schools. Lots of updates which include: new under slab plumbing lines, outside AC condenser unit, electrical panel with surge protector, and fencing, as well as an impressively remodeled interior. This layout offers a hard to find MUD room with office niche as well as powder bath for guests.
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| Aug 13, 2021 | Sold | ||
| Sold | |||
| Jun 21, 2021 | Listed by Krueger Real Estate | $350,000 | |
| Listed by Krueger Real Estate | |||
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*NEVER FLOODED * FRESHLY PAINTED EXTERIOR * UPDATED HVAC * BRAND NEW WATER HEATER * NO HOA*
Single Story brick home on a Corner Lot in the desirable Knollwood Village with Prime Location and well rated schools, including Bellaire HS. Easy Access to the Med Center, 59, 610, 288, NRG Stadium, Houston Zoo, and the Museum District. This layout offers a formal living and dining, plus has an extra flex room off the kitchen that could be used as a game room or office space with access to the the covered patio.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017