1037 Katy Ln
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 8, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | Listed by RE/MAX Alliance-Longmont | $999,950 | |
| Listed by RE/MAX Alliance-Longmont | |||
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Coveted Prospect Original, featuring graceful southern architecture that exemplifies the best of Prospect, a truly special community. This charming, right sized cottage features an open floor plan on a corner lot surrounded by trees. Details abound from 10' ceilings to crystal doorknobs, upper balcony porch and curated backyard, everything has been considered. An updated kitchen with gas range and glass fronted cabinets exude warmth & style. Updated bathrooms, lighting fixtures, window coverings & engineered hardwood on main level, this home is ready for you to FALL IN LOVE. French doors lead to a tranquil courtyard patio with raised planters, a small lawn & privacy fence, all surrounded by mature trees & ideal for outdoor entertaining. The main floor office is perfect for remote work but could easily convert to a 4th bedroom. The 3rd bedroom is in basement and doubles as large rec room w/ wine closet, it's the perfect guest suite. A second story porch provides a dreamy escape, it's the place to be for enjoying summer evenings while being serenaded by one of Prospect's many Porchella concerts. Enjoy Old Town style in vibrant Prospect, walk to restaurants, shops, gym, bookstore, spa & more. THIS IS THE GOOD LIFE. Showings start Friday at 4pm.
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| Mar 2, 2015 | Sold | ||
| Sold | |||
| Aug 25, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017