9637 Cedardale 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 |
|---|---|---|---|
| May 2, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2022 | Listed by Compass RE Texas, LLC Memorial | $515,000 | |
| Listed by Compass RE Texas, LLC Memorial | |||
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Wonderful opportunity nestled in the heart of Spring Branch on a quiet interior corner lot. This charming flexible floorplan offers 4 bedrooms, 2 bathrooms and is awaiting your special touches. Notice the beautiful wood floors, picturesque windows and a wonderful back yard with elevated patio, Saltillo tile, and prepared garden beds. The lot includes many beautiful species of trees and flowers in the front, side and back yard. Updates include copper plumbing lines, 10-zone sprinkler system, PVC sewer line from the house to city connection, Hardi siding and more. The refrigerator, washer and dryer convey with the home. Notice also the the extra storage space/tool room in the garage. Enjoy close proximity to H-E-B Bunker Hill, Memorial City, I-10, Beltway 8 and more in the booming Spring Branch and Memorial areas. All info per Seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017