1703 Airline 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 |
|---|---|---|---|
| Dec 28, 2021 | Sold | ||
| Sold | |||
| Dec 15, 2021 | Listed by Strada | $249,444 | |
| Listed by Strada | |||
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Welcome Home to 1703 Airline Dr., Katy, TX! Brick Home nestled in the Heart of Old Katy! 1 Story, 3 beds, 2 baths on over 1/4 ACRE! Updated in 2020 - New Lights, Fans, Paint, Wood-Like Laminate Flooring, A/C Ducts! Family Area centrally located for your Entertainment needs showcasing your Gas Fireplace for those Texas Winters! Custom Built-Ins! Updated Kitchen featuring gorgeous modern granite! Breakfast Bar, S/S Appliances, Gas Range! Large Screened-In Covered Patio overlooking your beautiful backyard with mature landscaping to enjoy those Texas Sunsets! 2 Car Attached Garage houses the Tankless Water Heater. Side Gate access! Katy ISD! Low Taxes! No MUD Taxes! Don't miss out on this great opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017