5234 Caversham 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 |
|---|---|---|---|
| May 14, 2021 | Sold | ||
| Sold | |||
| Mar 11, 2021 | Listed by Coldwell Banker Realty | $399,000 | |
| Listed by Coldwell Banker Realty | |||
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4 bedroom 3 bath delightful and large one story home in the heart of Meyerland. Fabulous mature trees, a large covered porch and wonderful courtyard welcome you. This home has everything you need with a formal LR, DR, family room and play room. Each room is generously sized with abundant storage space and many windows that bring in plenty of natural light. Vaulted or high ceilings in several rooms. Spacious kitchen with granite counters and two pantries. Breakfast room with buffet. Huge utility (and possible future mud/hobby) room. Primary BR has a sitting room. Great floor plan makes this a wonderful place to entertain. Large back yard has room for a pool. You can move into it as is, remodel it, or remodel it in sections. Zoned to excellent schools (Lovett, Meyerland MS, Bellaire HS). Close to shopping and restaurants, 610, Medical Center, Galleria, Downtown, and sports arenas.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017