1603 Hannington 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%.
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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Listed by Keller Williams Realty Metropolitan | $359,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Step into the timeless elegance of this French Country Style Home and experience the grandeur of the spacious, spanning floor span, zoned to the highly coveted Pattison Elementary and Katy ISD! With soaring ceilings and an open-concept living space, this home exudes traditional attention to detail and sophistication. The wood laminate flooring, cozy fireplace, and wall of windows provide ample natural light and create a captivating ambiance. PEX piping. Entertain family and friends in the open and spacious kitchen, complete with a kitchen island with ample counter space, central to your main corridors and formal dining. The primary bedroom offers a peaceful haven with an ensuite bathroom featuring dual vanities and a soaking tub. Retreat to the custom-enclosed sunroom overlooking the backyard, adjacent to the main living room, perfect for unwinding or hosting guests. You won't find another home quite like this one - take advantage of this opportunity and schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017