8915 Memorial Creek Drive
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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.
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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 20, 2021 | Sold | ||
| Sold | |||
| Jun 12, 2021 | Listed by RE/MAX The Woodlands & Spring | $419,990 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Gorgeous 5/6 bedroom home, plus study, pool, 3-car garage in the highly desirable Klein ISD, Theiss Elementary School, Doerre Intermediate, Klein HS. This home has granite, stainless kitchen, breakfast area overlooking pool/patio, walk-in pantry, first-floor laundry room, oversized stainless vent hood, formal dining room, 2-way staircase, family room with built-ins, gas fireplace. Upstairs is surprisingly large with 3 additional bedrooms, one study (craft/bonus/home school room) with built-ins that could be a 5th bedroom, and an oversized area the sellers use as a second primary bedroom (could be a 6th bedroom) PLUS a huge game room with built-ins and pool table (stays with home). 2 full baths up plus 1/2 bath up. EXCLUSIONS: fridge/wash/dryer. Primary bedroom on first floor. Great curb appeal in the beautiful Memorial Creek, Champions area. Home is occupied and showings are by appointment only. SHOWINGS BEGIN MONDAY AT NOON (JUNE 14).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017