1505 Whispering Pines Drive
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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 |
|---|---|---|---|
| Dec 11, 2020 | Sold | ||
| Sold | |||
| Aug 21, 2020 | Listed by Circa Real Estate | $344,900 | |
| Listed by Circa Real Estate | |||
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Welcome to 1505 Whispering Pines located in heart of Katy! This beautiful home sits on a 10,000+ sq ft lot in the tranquil community of Whispering Lakes. This home features 6 Bd/3.5 Ba w/ primary suite on 1st floor. Primary suite w/ en-suite bath offers recent paint, hardwood floors & large walk-in closet. Open concept 1st floor living-perfect for entertaining guests, elegant 2-story entry & tile flooring throughout are just a few features this home has to offer. Kitchen features Avanza countertops, breakfast area & ample cabinet space. Enjoy hosting guests w/ ease in the formal dining that sits right off the kitchen & living! Recent exterior updates incl; paint, roof, fence & landscaping (July/August 2020, per seller). Backyard w/ large covered patio offers endless of opportunities to make your own like a pool! Zoned to highly acclaimed Katy ISD schools & within minutes from restaurants, shopping & I-10! Enjoy the lakes and trails this community has to offer. *LOW Tax rate, NO MUD*
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017