20430 Verde Canyon 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 |
|---|---|---|---|
| Sep 22, 2021 | Sold | ||
| Sold | |||
| Aug 19, 2021 | Listed by CB&A, Realtors-Katy | $435,000 | |
| Listed by CB&A, Realtors-Katy | |||
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**BACK ON THE MARKET!!** Previous buyer's loss is now your gain! Welcome home to 20430 Verde Canyon Drive in the beautiful 24/7 manned gated community of Canyon Gate at Cinco Ranch. With over $200k worth of upgrades and updates, including, but not limited to, a BRAND NEW ROOF (replaced 8/2021) and NEW AC UNIT (replaced 8/2021) with transferable warranties! This home has 4 bedrooms with 3 and a half bathrooms, including TWO primary suites, a spacious game room, glass enclosed study, formal dining, a backyard big enough for the largest of pools and more! Canyon Gate at Cinco Ranch is minutes away from Grand Parkway-99 and the Westpark Tollway- an excellent location with an easy commute to anywhere in the greater Houston Area- all while being zoned to highly sought after Katy ISD schools. Schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017