1938 Katlyn Lane
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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%.
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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 |
|---|---|---|---|
| Jul 26, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2022 | Listed by CB&A, Realtors | $330,000 | |
| Listed by CB&A, Realtors | |||
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Charming 1 story 3 bedroom, 2 bathroom home in Spring Trails. Beautiful Hardwood floors and tile flow throughout the home! Roof, gutters, and a/c replaced in 2015. Sprinkler system installed in 2016. You will love this open concept living w/ a large formal dining room that could be used as an office/ playroom/homeschool room/second living space. Generous size family room w/ gas fireplace & custom built-ins is open to the kitchen and breakfast area. Kitchen features solid surface countertops, stainless steel appliances, and plenty of storage space. Split plan w/ secondary bedrooms at the front of the home w/ laundry room & full bathroom. Primary bedroom is at the back with custom built-ins, large en suite bathroom and walk in closet. Great size back yard w/ patio & no rear neighbors. French drain & generator hookup. Walking distance to swimming pool, miles of trails, basketball/pickleball/tennis courts, multiple parks, & easy access to Spring Creek Nature Preserve. CISD. No flooding.
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| Jul 9, 2020 | Sold | ||
| Sold | |||
| May 19, 2020 | Listed by Champions Real Estate Group | $230,000 | |
| Listed by Champions Real Estate Group | |||
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Welcome Home! Charming 1 story 3 bedroom/2 bath home in sought after Spring Trails Subdivision. Beautiful hardwood floors & tile flows throughout the entire home. Recent updates include Hardwood floors installed, New A/C, roof & gutters in 2015. Front & back yard sprinkler system & interior paint in Nov. 2016. The family room is opened to the kitchen & is gorgeous. The spacious master suite is your private oasis, complete with an en'suite bath that boasts of dual sink, glass shower, whirlpool tub, & generous closet space. Zoned to excellent Conroe ISD schools! No back neighbors. Amenities include: Parks, Basketball & Tennis Courts, Family Pool, Kiddie Pool, Playgrounds, a Pond where you can go fishing, a Nature Center & Trails. Great location with easy access to SH 99 Grand Parkway, Hardy Toll Rd, I-45, & the Woodlands. Close to shopping & dining. Room dimensions are estimated, buyer shall verify all room measurements. Make this your home today! NEVER FLOODED….stayed high and dry.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017