1324 Westfork Drive
About This Property
Southfork Ranch offers a prime location with easy access to major highways, making commutes and daily errands simple. A 25-minute drive takes you to Katy where you'll find shopping and dining destinations like The Shops at Katy and Katy Mills. Take the kids to Dig World or Main Event on the weekends and treat yourself to a date night at Central Green Park or Katy Beer Garden. All this within a short drive brings convenience within reach but keeps your home in its own private oasis.
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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 1, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jun 1, 2026 | Listed by The Signorelli Company | $524,066 | |
| Listed by The Signorelli Company | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017