21603 Crest Peak Way
About This Property
Discover this beautifully updated 4-bedroom, 2.5-bath home nestled on a prime corner lot in the sought-after Mason Lakes subdivision. With 3,180 sq ft of thoughtfully designed living space, this two-story gem features an open-concept layout perfect for everyday comfort and effortless entertaining.
Step into the renovated kitchen with modern finishes, seamlessly connected to the spacious living area. Upstairs, you'll find generously sized bedrooms and a versatile game room that adapts to your lifestyle. The covered patio offers a perfect spot to relax or host guests outdoors.
Enjoy peace of mind with a whole-home water filtration system and a brand-new A/C unit installed in December 2024. Located just minutes from major freeways, top-rated schools, and premier shopping centers-this home checks every box!
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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 5, 2025 | Sold | ||
| Sold | |||
| Aug 12, 2025 | In contract | - | |
| In contract | |||
| Aug 2, 2025 | Price Decreased |
$339,900
↓ $8K
(2.3%) | |
| Price Decreased | |||
| Jul 19, 2025 | Listed by City Insight Houston | $348,000 | |
| Listed by City Insight Houston | |||
| Jul 3, 2025 | Price Decreased |
$348,000
↓ $12K
(3.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017