3802 Mesa Ridge Road
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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 |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by CB&A, Realtors | $295,000 | |
| Listed by CB&A, Realtors | |||
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Updated 3BD,2.5BT home nestled on a spacious corner lot w/recent AC & roof!Located in a peaceful cul-de-sac,this home features high ceilings & large windows,allowing natural light to fill the space.The expansive living room,anchored by a central fireplace,creates a warm atmosphere for gatherings.The kitchen boasts ample cabinets,granite,stainless appliances & walk-in pantry.The primary bedrm,located downstairs,features a private ensuite bath & walk-in closet.Primary bath offers dual sinks,granite & vanity!A half bath for guests is on the 1st floor.Secondary bedrooms on 2nd floor w/granite full bath!Enjoy outdoor gatherings on the huge covered back patio!Recently upgraded,the back patio roof was replaced w/durable metal panels in 2021,along w/enhancements to the side yard,making outdoor living even more enjoyable!Courtyard area is perfect for relaxing or entertaining!Easy access to Beltway 8,I-10 & 290...mins away from shopping,medical facilities & downtown.Zoned to Spring Branch ISD!
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| Jun 18, 2020 | Sold | ||
| Sold | |||
| Mar 20, 2020 | Listed by Pioneer 1 Realty | $199,900 | |
| Listed by Pioneer 1 Realty | |||
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Remodeled and beautiful. This spacious property has new kitchen cabinets, granite countertops and stainless steel appliances.New bathroom cabinets and granite countertops. New carpet upstairs, home has tile all through first floor. New paint inside and out, new window screens, new light fixtures throughout. This property features a spacious floor plan with plenty of fresh light all throughout. Master bedroom is down stairs for easy access, master bathroom is privately located inside room and a lovely half bath for guest on first floor. You will enjoy having back yard events in the covered patio outside. There is a private courtyard next to the kitchen it would be a great location for planting veggies or herbs. Property also features a lovely wood burning fire place for winter and community pool for summer. Offers responded to within 24 to 48 hours.
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About Northwest Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 48204081
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017