1507 Wheatley Hill Lane
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 |
|---|---|---|---|
| Aug 30, 2023 | Sold | ||
| Sold | |||
| Jul 6, 2023 | Listed by eXp Realty, LLC | $430,000 | |
| Listed by eXp Realty, LLC | |||
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Welcome to this exceptional home in desirable Katy! This impressive 2-story residence spans 3,122 sqft and has a multitude of features to suit your lifestyle. Step into the welcoming foyer, where a spacious den awaits, providing an ideal space for a home gym or study. With 4 bedrooms, 2.5 bathrooms, upstairs game room, and storage galore, there's plenty of room for your family and guests. The huge primary suite is a true retreat, boasting comfort and privacy. Indulge in culinary delights in the open-concept kitchen, equipped with stainless steel appliances, double ovens & offering a contemporary flair. The dry bar with a mini fridge adds a touch of convenience for entertaining guests. Enjoy covered front and back porches, perfect for relaxing evenings or weekend gatherings. One of the standout features of this home is the absence of back neighbors, providing a serene and private backyard oasis. Don't miss the opportunity to make this remarkable home yours. Schedule a showing today!
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| Jul 30, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Compass RE Texas, LLC | $359,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017