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5111 W Jerad 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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 29, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | No longer available | - | |
| No longer available | |||
| Jan 28, 2025 | Listed by KSP | $875,000 | |
| Listed by KSP | |||
| Oct 9, 2024 | Listed by KSP | $875,000 | |
| Listed by KSP | |||
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Welcome to this modern and spacious home - located in desirable Candlelight Place and zoned to OFE! This property has an open concept layout, perfect for entertaining and everyday living. The gas fireplace in the living area seamlessly connects both a dining space and cozy breakfast area. New luxury vinyl plank flooring flows throughout the living areas and all bedrooms downstairs. The island kitchen is a chef's dream, featuring ample cabinet storage, generous countertop space and SS appliances. The split floor plan ensures privacy, with the primary bedroom situated at the back of the home, complete with TWO walk-in closets. The primary bath offers double sinks, a vanity area, a jetted tub, and a separate shower. Additionally downstairs, you'll find a home office, two bedrooms and a full-size bath. Upstairs, a spacious game room awaits, along with a fourth bedroom and a full bath. Backyard has a covered patio and a nice side yard. EV charging is also available in the garage.
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About North Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017