22118 Merrymount Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 20, 2020 | Sold | ||
| Sold | |||
| Oct 14, 2020 | Listed by Bayou City Living | $224,900 | |
| Listed by Bayou City Living | |||
| | |||
|
Lots of living space in this one story home! Relax in the spacious family room featuring vaulted ceilings and a wood burning fireplace. The kitchen is beautifully updated and includes barn doors leading into the dining area. Tile throughout the home. Newly painted interior with neutral colors. Storage shed in the back yard. Great location and schools (Katy ISD). Don't miss out on this highly sought after neighborhood in Katy, Texas!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About West Memorial
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,690 /mo
- 4 Beds
- 2 Baths
- 2,330 ft²
$3,800 /mo
- 2 Beds
- 2 Baths
- 1,078 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017