818 Saybrook Lane
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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 |
|---|---|---|---|
| Dec 15, 2021 | Sold | ||
| Sold | |||
| Jul 12, 2021 | Listed by Castle Team | $1,350,000 | |
| Listed by Castle Team | |||
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Fall in love his magical mid-century modern beauty from a time when cars had style and homes were built like castles. Nestled quietly in the heart of Houston's distinguished Hedwig Village is one of the premier lots in Memorial. This classic home has been impressively well maintained by the same owners for over 50 years. When you're done falling in love with the character of this home, prepare to fall in love all over again with this oversized picturesque lot covered in magnificent towering trees. At just a hair under half an acre, this exquisite property boasts the privacy of a sleepy cul-de-sac with all the benefits of the exclusive Hedwig Village private police and fire department, and of course the world-famous Spring Branch schools. Enjoy the luxury of being walking distance to the Memorial Villages Farmer's Market, Hedwig Park and some of the finest restaurants in Houston. The elementary, middle, and high school are also just a short walk away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017