9578 Longmont 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%.
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 |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Relisted | $525,000 | |
| Relisted | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Nov 5, 2024 | Listed by Compass RE Texas, LLC - Memorial | $525,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
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Welcome home to 9578 Longmont Drive! This breathtaking home in the Memorial area feels like a treehouse nestled along the banks of Buffalo Bayou, surrounded by lush greenery and tall trees. Updated roof (2022), A/C replaced (2024), and updated plumbing! This 3 bedroom 2.5 bathroom house is made complete with a spacious living room with high ceilings, dining room, primary suite with walk in closet, two secondary bedrooms, and more. Two spacious secondary bedrooms upstairs with generous closets. The primary suite features a soaking tub, double sinks, glass shower, and spacious walk in closet. This property also has a spacious back deck, two car attached garage, and utility room. With its high ceilings and walls of windows, this welcoming home is an entertainer's dream. Enjoy the serene, wooded landscape in the backyard. Ideally located near City Centre, Memorial City, I-10, Beltway 8, and the Westpark Tollway, offering both tranquility and convenience in the heart of the city.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017