1512 Colonial Gorge 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%.
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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 |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Feb 27, 2026 | Listed by City Choice Realty | $339,900 | |
| Listed by City Choice Realty | |||
| Oct 14, 2025 | No longer available | - | |
| No longer available | |||
| Sep 16, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 15, 2025 | Listed by Compass RE Texas, LLC - Houston | $342,700 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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City Choice Homes debuts its newest gated Katy community, Colonial Heights! 1512 Colonial Gorge Dr offers a striking 2-story layout with 3 bedrooms, 2.5 baths, and a spacious main level game room- all backing to the community park & just minutes from Katy's most coveted destinations/ eateries. First-floor living boasts soaring 10'+ ceilings, wide plank Swiss flooring, and a chef-inspired kitchen with quartz counters, shaker cabinets, top tier appliances & a massive eat-in bar. Upstairs, a light-filled primary suite stuns with tray ceilings, dual walk-in closets with built-ins, and a spa-like bath featuring a freestanding soaking tub, glass shower, & a dual elongated vanity. Two generous secondary bedrooms include walk-in closets and a shared bath with tub/shower combo. Oversized utility room upstairs for convenience. Estimated completion for October 2025 - Upon arrival, please visit our on-site Sales Office open Tuesday to Sunday! Ask about Year End 4.99% fixed interest rates specials!
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About Harris
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$1,265 /mo
- 2 Beds
- 1 Bath
- 750 ft²
$1,265 /mo
- 2 Beds
- 1 Bath
- 750 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017