9510 Carousel Lane
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 |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Listed by RE/MAX Universal | $399,990 | |
| Listed by RE/MAX Universal | |||
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RARE FIND! Stunning property in Spring Branch nested on Cul-De-Sac. Main house features 3 Bed/2 Bath with walk-in closets, Gorgeous Wood Floors, Double Pane Windows, New Paint, Tankless Water Heater! Inviting Entryway leads to Formal Dining & Living Room w/ fireplace. Updated Kitchen boasts granite, SS appl, Subway Tiled Backsplash, & Ample Cabinet Space! Spacious Primary suite w/updates bathroom; Secondary bedrooms w/ built-ins! Large Backyard with mature trees & fantastic yard space! GUEST suite or Private Home Office in 2nd house offers 1 Bed/ 1 Bath, Full Kitchen. This additional space has own entrance which enhances this already impressive property, making it a unique and valuable find. Prime Location, minutes from Memorial Area, The Heights, Galleria & Downtown Houston.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017