4006 Mcdermed Drive
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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 |
|---|---|---|---|
| Aug 16, 2021 | Sold | ||
| Sold | |||
| May 4, 2021 | Listed by Apex Brokerage, LLC | $264,786 | |
| Listed by Apex Brokerage, LLC | |||
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PRICE DROPPED FOR SERIOUS BUYERS. NEVER FLOODED! Beautiful Westwood home located just outside the loop in southwest Houston and minutes away from Texas Medical Center / NRG Stadium &610, 59, 288, Main/90. Well Maintained home in great condition! Stunning Hardwood Floors throughout home and open floor concept plan with lots of windows and natural lighting! This home features 3 Bedrooms with 2 Full Bedrooms, a large living room, beautiful Dining room with a beautiful view of the outdoors with large windows. Kitchen showcases granite countertops, spacious cabinets and overlooking the backyard. Also outside you’ll see a covered patio for all your family gatherings and parties. Come see this before its gone! NO HOA is a plus !
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017