1707 Katy Shadow Lane
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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 25, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Listed | $960,000 | |
| Listed | |||
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Experience luxury living in The Reserve, Katy's coveted community. This exquisite home boasts 5 beds, 4.5 baths, including a downstairs bedroom with its own en-suite bath. Outside, an oasis awaits with a pool, water features, and an outdoor kitchen perfect for entertaining. Inside, hardwood floors, a corner fireplace, and an open layout enhance the living space. The gourmet kitchen dazzles with top-end appliances, granite countertops, a spacious island bar, and an additional wall of kitchen cabinets. The primary suite boasts a lavish bath with a soaking tub and oversized shower. Upstairs, enjoy an oversized game room and media room prewired for surround sound. Additional upgrades include a dry bar with wine rack, a 4K projector, and a 110” screen. The pool, spa, and outdoor kitchen were built in 2017. Don't miss the chance to make this your dream home—schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017