8422 Moritz Court
About This Property
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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 |
|---|---|---|---|
| Sep 15, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Compass RE Texas, LLC Memorial | $725,000 | |
| Listed by Compass RE Texas, LLC Memorial | |||
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8422 Mortiz is nestled in the small gated community of Moritz Village, consisting of only 10 homes. Hill Country style home with an easy living, open floorplan, makes it a great home for entertaining or just relaxing. Hardwood floors throughout the main living area, limestone fireplace with built on site pine cabinetry on each side. Island kitchen with granite countertops, along with a ton of storage. Master bedroom is located downstairs. New quartz countertops in the primary bathroom and secondary bathrooms. Walls, ceilings and trim recently painted in a neutral palette. A covered patio with no side neighbors, make this the perfect owner's retreat. Roof is recent, along with HVAC. Zoned to Valley Oaks Elementary and Memorial High School. Very convenient to downtown, City Center, and the Energy Corridor
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Property Highlights
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Price/ft²
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About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017