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1507 Park Wind Drive
About This Property
Step into Fall at 1507 Park Wind -a charming single-story home in Katy'. Featuring a cozy center fireplace, open living spaces, and no back neighbors, this home offers privacy and warmth in every season. Enjoy evenings by the fire or weekends in your spacious backyard, perfect for gatherings or quiet relaxation. Located in a top-rated school district and minutes from dining, parks, and shopping, this home blends comfort, style, and convenience.
Recent feedback? "Shows beautifully!" See for yourself - come tour this weekend and picture the holidays here.
Practical updates provide peace of mind, including a new roof, water softener, and reverse osmosis system. With its blend of cozy appeal, modern improvements, neighborhood charm, and private outdoor setting, this home is a true gem waiting for its next chapter.
Under contract – accepting backup offers.
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Cap Rate Calculator
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 12, 2025 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Price Decreased |
$289,500
↓ $6K
(1.9%) | |
| Price Decreased | |||
| Oct 10, 2025 | Price Decreased |
$294,999
↓ $2K
(0.6%) | |
| Price Decreased | |||
| Sep 3, 2025 | Listed by Douglas Elliman Real Estate | $296,800 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017