27
Map
8703 Ojeman Villas 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%.
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 5, 2025 | Sold | ||
| Sold | |||
| Jun 28, 2025 | Listed by District Properties | $649,000 | |
| Listed by District Properties | |||
| Nov 6, 2024 | Listed | $649,990 | |
| Listed | |||
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Presenting Memorial Luxury Villas—a new construction residential development in the vibrant Spring Branch neighborhood of Houston, TX. Crafted with meticulous attention to detail by Region Design Construction, these luxurious homes feature top-quality materials and innovative designs to meet today’s lifestyle needs. Zoned to A-rated public schools, this 16-unit community offers 3-bedroom, 3.5-bathroom residences with 2,226 sqft of living space. Highlights include a spacious second-floor balcony and an expansive fourth-floor terrace, ideal for relaxation and entertainment in a growing area.
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About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017