1524 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 |
|---|---|---|---|
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Aug 5, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 4, 2026 | Listed by City Choice Realty | $349,900 | |
| Listed by City Choice Realty | |||
| Jun 11, 2026 | Listed by City Choice Realty | $334,900 | |
| Listed by City Choice Realty | |||
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Two-story home offering an open first-floor layout featuring a spacious living and dining area, island kitchen with pantry, powder bath, and attached garage. All bedrooms are located on the second floor, including a primary suite with tray ceiling, walk-in closet, and private bath with separate shower. Three secondary bedrooms share a full bath, and the utility area is conveniently located upstairs. Functional layout with efficient use of space and ample storage. Located in a gated Katy community with quick access to I-10 and Highway 99, just minutes from Katy Asiatown, Memorial Hermann Katy Hospital, and a wide selection of shopping, dining, and entertainment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017