8607 Norton Drive
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%.
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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 |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Dec 11, 2025 | In contract | - | |
| In contract | |||
| Dec 6, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 5, 2025 | Listed by Martha Turner Sotheby's International Realty | $215,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Nov 19, 2025 | Listed by Martha Turner Sotheby's International Realty | $234,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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This 3 bedroom 1 bath home sits on a 6,600 square foot lot in the Langwood subdivision. The garage and the back porch have been converted into extra living space lending to an enlarged floor plan. The home has carpet in all three bedrooms and in the original living area that still have the original hardwoods underneath. This home is a great opportunity for someone looking for a move in ready home or the investor looking to bring a unique floor plan back to its original glory.
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Property Highlights
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About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017