2214 Tonkawa Trail
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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 |
|---|---|---|---|
| Jul 17, 2023 | Sold | ||
| Sold | |||
| May 30, 2023 | Listed by Natalie Tye, Broker | $464,990 | |
| Listed by Natalie Tye, Broker | |||
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Built in the desirable master planned community of Cane Island, 2214 Tonkawa Trail is an unique 1.5 story home offering 4 bedrooms, 3.5 bathrooms, formal dining, plus an oversized upstairs game room! You'll love all the incredible features in this home, including custom accent walls in the primary suite and dining area, spacious covered patio, wood flooring throughout all main living areas, and cozy fireplace! Enjoy all of the amenities in Cane Island from the neighborhood restaurant, The Oaks, community garden, resort style pool, fitness center, and greenhouse! Zoned to Katy ISD. Schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017