2205 Auburn Drive
About This Property
KATY ISD WITH POOL! This four bedroom, two bath well maintained home features, updated kitchen & bathrooms along with a backyard pool, perfect for creating lifetime family memories. Move in ready, with all these updates/upgrades were done: 2021 New Air Conditioner and Furnace, 2021 New PEX Plumbing, 2021 New Attic Insulation, 2019 Patio Cover Painted, 2019 Underground Sprinkler, 2018 Garage floor epoxy & Insulated garage door, 2017 New Floors, 2014 Kitchen Remodel, 2014 New Double pained windows, 2013 New roof. Crown molding throughout the home and 4" baseboards. Walking distance to Katy ISD Elementary and Middle Schools, Close to Grocery (B Brothers & New HEB), Direct pedestrian access to Peckham Park and Katy City Park, Summer ready (pool and yard), TruGreen lawn for 8 years, termite warranty transferable.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 5, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Price Decreased |
$319,900
↓ $20K
(5.9%) | |
| Price Decreased | |||
| May 5, 2024 | Price Increased |
$339,900
↑ $20K
(6.3%) | |
| Price Increased | |||
| Apr 19, 2024 | Relisted | $319,900 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017