9722 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 |
|---|---|---|---|
| Sep 25, 2024 | Sold | ||
| Sold | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by Compass RE Texas, LLC - Memorial | $499,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
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Welcome to this charming 4 BR, 2 BA home in the heart of Spring Branch. Brimming with potential & awaiting your personal touches to restore its classic beauty! Upon entry you are welcomed by an oversized formal dining room & flex space that would make an ideal study. Family room features hardwood floors & brick surround fireplace. Enjoy views of the backyard through windows with blinds for added privacy. Kitchen is complete with granite countertops & is ready for your creative vision. Large breakfast room with convenient access to the oversized laundry room with pantry & space for a mudroom. Primary suite is a peaceful retreat with ensuite bath, walk-in closet, & access to backyard. Guest Bedrooms feature hardwoods & ceiling fans plus ample storage space. 2 hall closests provide additional storage. The spacious & fenced backyard is perfect for outdoor activities. This is a fantastic opportunity to create your dream home in a desirable location. Don’t miss out on this wonderful gem!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017