1022 Cascade Creek 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 |
|---|---|---|---|
| Jan 19, 2022 | Sold | ||
| Sold | |||
| Nov 17, 2021 | Listed by Shanni Lo | $274,000 | |
| Listed by Shanni Lo | |||
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One story, 3 bedrooms, 2 baths with a study/office home located in Cimarron subdivision in Katy. High ceiling with tons of updates such as PEX plumbing, updated primary bath, flooring, interior pain, just to name a few. Walking distance to the Cimarron Elementary, this home has a chef's kitchen with updated appliances and tons of counter and cabinet space. Living space is spacious with tons of natural lighting. Working from home? Your home office or study just steps away from your bedrooms. Primary suite feature an updated bath with recent tile, fixtures, cabinets, and countertop with his/hers sinks. Two spacious secondary bedrooms share a secondary bath. Sitting on a large lot, the gorgeous backyard is the perfect place to entertain your family and friends or enjoy a cup of coffee. Easy access to I-10, Grand Parkway, and shopping centers. Come tour this home today!
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About Cimarron
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017