1906 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 |
|---|---|---|---|
| Mar 18, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by Strada | $239,999 | |
| Listed by Strada | |||
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Welcome Home to this gem in the Heart of Old Katy! Gorgeous Stone & Brick elevation with a Beautiful Texas Style Door to greet you to your new home. Freshly painted, New Laminate Flooring, New Ceiling Fans, New S/S Appliances to make for an easy move-in. A covered porch is so inviting for those afternoon evenings in Texas. Large storage shed could be transformed to your She-Shed, Man Cave or Play Room. Mature Texas Trees creates a charming setting. NO Carpet! Never flooded! Walking distance to KISD Schools, Katy Library, Mary Jo Peckham park and the Amazing Katy Dog Park! Low Taxes, No HOA & No MUD Taxes. Never Flooded! Don't miss out on this great opportunity! Schedule a showing to check out what's behind that front door and Let's Make This House Your Home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017