9510 Lower Ridgeway
About This Property
In 2022, the seller updated the home with new carpeting, a new furnace, solar screens for energy efficiency, and a freshly painted exterior that exudes curb appeal. The interior received an additional makeover with newly painted cabinets throughout and a modern water heater for your convenience. Located mere minutes from Interstate 45 South, Beltway 8 and Hobby Airport this home provides unparalleled convenience for your daily commute and easy access to Houston's vibrant amenities. Don't miss the opportunity to make it yours!
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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 |
|---|---|---|---|
| Oct 5, 2023 | Sold | ||
| Sold | |||
| Aug 24, 2023 | Listed by Winhill Advisors - Kirby | $290,000 | |
| Listed by Winhill Advisors - Kirby | |||
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Welcome to your dream home! This stunning two-story residence, nestled on a corner lot, with five spacious bedrooms a gameroom and two and a half baths, this home provides ample space for your family to grow and thrive. As you step inside, you'll be greeted by the recently updated interior, featuring new vinyl flooring, a fresh coat of paint, a new A/C unit, dishwasher, and a new hood over the stove to elevate your cooking experience.
In 2022, the seller updated the home with new carpeting, a new furnace, solar screens for energy efficiency, and a freshly painted exterior that exudes curb appeal. The interior received an additional makeover with newly painted cabinets throughout and a modern water heater for your convenience. Located mere minutes from Interstate 45 South, Beltway 8 and Hobby Airport this home provides unparalleled convenience for your daily commute and easy access to Houston's vibrant amenities. Don't miss the opportunity to make it yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017