8814 Echo Valley 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 |
|---|---|---|---|
| Apr 12, 2022 | Sold | ||
| Sold | |||
| Jan 21, 2021 | Listed by Keller Williams Realty - Memor | $1,475,000 | |
| Listed by Keller Williams Realty - Memor | |||
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Estimated Completion Date:4/2021. An amazing opportunity exists in this newly constructed home in the Spring Branch area. Thoughtfully constructed and designed, every material was masterfully chosen by an interior designer. This 4 bed/3.5 bath home offers energy-saving aluminum windows and includes a radiant barrier for energy efficiency. Dressed in brick and Artisan siding, this stunning home features an oversized garage, a covered patio, and an outdoor kitchen. The interior boasts classic light tones, wood and tile floors, and exquisite accents throughout including tray ceilings and wooden beams. Enjoy an island kitchen featuring glass-paneled wall cabinets, a butler's pantry, and a separate breakfast area surrounded by windows. The primary bedroom ensuite features a soaking tub, shower, and quartz countertops, not to mention an expansive walk-in closet, creating a luxurious retreat. The office rests behind beautiful glass doors and features built-in cabinets.
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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