8822 Cedarspur 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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 22, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Listed by Taylor Real Estate Group, Inc. | $1,695,000 | |
| Listed by Taylor Real Estate Group, Inc. | |||
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Located in the heart of Spring Valley Village, just a stone’s throw from the Dad’s Club, this beautifully designed home offers a versatile floor plan with a first floor Owner’s Retreat. Handsome paneled study/office at entrance. Step in to the impressive two story living area that opens to the island kitchen. Picturesque views of the sparkling pool and outdoor kitchen from the living areas and primary bedroom. Upstairs are 3 guest bedrooms, game room, media room, and convenient game table space with built ins. Bonus features include a 3 car tandem garage, paver circular driver and a GENERATOR! Zoned to Valley Oaks Elementary, Spring Branch Middle, and Memorial High! Spring Valley Village has its own City Hall, City Park, and dedicated Police Department.
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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