17114 Colony Creek 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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Jan 7, 2025 | Listed by Keller Williams Realty Professionals | $275,000 | |
| Listed by Keller Williams Realty Professionals | |||
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Nestled at 17114 Colony Creek Drive this 3-bedroom, 2-bathroom home has a bright and open living space that flows effortlessly from the kitchen to the spacious living room. With high ceilings, complemented by a formal dining area, this home sets the stage for memorable gatherings. Sitting on a generous lot, the backyard features a covered patio with a custom-built bar which is perfect for weekend BBQs or simply unwinding with a drink in hand. The converted mancave offers endless possibilities: home office, creative studio, or the ultimate hangout spot! Recent updates include a new AC unit installed in 2024 which ensures this home is move-in ready. Conveniently located near Highway 249 and Grand Parkway 99, you’ll enjoy easy access to shopping, and entertainment. Plus, this home is within walking distance to the community pool and playground and in the top-rated Klein ISD school district, making it an excellent choice for families. Schedule your private tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017