9134 Western Drive
About This Property
Updates include: electric panel and wiring, PEX plumbing (2019), exterior Hardiplank siding, double pane windows, doors, wood-look tile and laminate flooring, granite counters in kitchen, cabinets, water heater, A/C replaced (2018), bracing in the attic (2021). Close proximity to I-10, 290, 610 and Beltway 8 with lots of great restaurants and shopping nearby!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | In contract | - | |
| In contract | |||
| Jan 18, 2025 | Price Decreased |
$475,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Dec 21, 2024 | Price Increased |
$485,000
↑ $10K
(2.1%) | |
| Price Increased | |||
| Dec 4, 2024 | Listed by Coldwell Banker Realty - Memorial Office | $475,000 | |
| Listed by Coldwell Banker Realty - Memorial Office | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017