1027 Sierra Shadows 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 |
|---|---|---|---|
| Jun 18, 2021 | Sold | ||
| Sold | |||
| May 11, 2021 | Listed by Substantia Realty LLC | $224,900 | |
| Listed by Substantia Realty LLC | |||
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Look no further! This charming home located in the heart of Katy has been fully refreshed and is ready for your family to call home! The spectacular finishes in the kitchen and bathrooms make living here feel like you're in a hotel, and the care given to the unseen portions of the home (new siding, new windows, etc) will ensure you won't have a care in the world regarding repairs for the foreseeable future. Brand new appliances throughout, new lighting, and new fans are just some of the extra features that you'll appreciate. With easy access to shopping and dining on Mason and the home located in the prestigious Katy ISD, this property is primed to grow in value as the surrounding area continues to improve. For a comfortable and smart investment, make this property your priority!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017