8205 Montridge Drive
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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 |
|---|---|---|---|
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Aug 9, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by Tammy Bateman Properties | $607,000 | |
| Listed by Tammy Bateman Properties | |||
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Well-located in sought-after Spring Branch, this better-than-new home sits on a street sprinkled with new construction homes. Don’t miss your chance to get in early! Step inside to wood floors, an open floor plan with oversized living spaces and spectacular kitchen adorned with dazzling glass tile backsplash, stone countertops, and full height cabinets with illuminated, glass front, top row cabinets. The sunlit breakfast room and the dining room accented by a tray ceiling, open to a colossal living room with fireplace. A gabled second floor game room complemented by wood flooring, adds more entertaining space or could be a media retreat or awesome home office. The massive primary suite has a spa bath and walk-in closet. A laundry room with utility sink, covered patio, EV charging station and convenient sprinkler system are fantastic features. Easy access to 610 and I10, convenient to Med Center, Galleria and Downtown. This residence epitomizes modern comfort and urban connectivity.
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| May 20, 2022 | Sold | ||
| Sold | |||
| Apr 21, 2022 | Listed by Bernstein Realty, Inc. | $595,000 | |
| Listed by Bernstein Realty, Inc. | |||
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A pristine 3 BR 2.5 BA home with game room nestled in the heart of Spring Branch. This inviting home features a gourmet kitchen with granite counters, stainless steel appliances, gas cooktop, 42 inch cabinets with lit display cabinets above, and under-cabinet lighting. The kitchen and breakfast space open to the light and bright family room that includes a cozy fireplace, soaring ceilings and crown molding. The intimate dining room with archways, chair rail with wainscoting and a tray ceiling set the room apart. The palatial master suite with tray ceiling has a spa like bath with double sinks, granite counters, jet tub, shower with seat, and a large walk-in closet. Enjoy the bonus space above which can be a game room, media room or flex space. Additional features include wood floors, covered patio, ring doorbell, tesla charging station, sprinkler system, utility room sink, Fridge/W/D can remain for new owners. Convenient access to I10, 610, area parks and a short drive to downtown.
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About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017