1522 Colonial Gorge Drive
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 |
|---|---|---|---|
| Sep 26, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Price Decreased |
$319,900
↓ $20K
(5.9%) | |
| Price Decreased | |||
| Aug 4, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 3, 2026 | Listed by City Choice Realty | $339,900 | |
| Listed by City Choice Realty | |||
| Jun 11, 2026 | Listed by City Choice Realty | $329,900 | |
| Listed by City Choice Realty | |||
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Nestled within a gated Katy community, this 4-bedroom home is designed to live as beautifully as it looks. First-floor living creates an easy, intuitive flow, while the heart of the home is a statement kitchen anchored by a generous island that is perfect for morning coffee, homework sessions, and entertaining alike. The primary suite feels like a true escape with a large walk-in closet and a spa-inspired bath featuring dual vanities, a floating soaking tub, and a separate shower. Ideally positioned with quick access to I-10 and Highway 99, you’re minutes from Katy Asiatown, Memorial Hermann Katy Hospital, and a wide array of shopping, dining, and local attractions.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017