22215 Cimarron Parkway
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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, 2024 | Price Decreased |
$310,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Aug 14, 2024 | Listed | $315,000 | |
| Listed | |||
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Nestled in the established neighborhood of Cimarron, this charming 4-bedroom, 2-bathroom home offers a blend of modern updates and classic comfort. The updated kitchen boasts quartz countertops, new cabinets, double ovens, new cooktop and a stylish subway tile backsplash, all overlooking a spacious family room complete with a gas fireplace, cedar mantle, and laminate wood flooring. Enjoy a flex space that can be used as a formal dining room or an office. Both bathrooms have been tastefully renovated with custom tile showers and new vanities. Large backyard and covered patio are great for entertaining. Carpet replaced in 2022, all new paint in 2022, 6-year-old HVAC system, 8-year-old roof. Double-paned windows enhance energy efficiency throughout the home. Zoned to top-rated Katy ISD schools and conveniently located just minutes from Grand Parkway (99), I-10, shopping, and dining, this home is a must-see!
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| Dec 14, 2022 | Sold | ||
| Sold | |||
| Oct 12, 2022 | Listed by eXp Realty, LLC | $299,900 | |
| Listed by eXp Realty, LLC | |||
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Price Reduced! Welcome home to this beautifully updated 4 Bedroom house in the sought after area of Cimarron. The remodeled kitchen boasts luxurious quartz counter tops with subway tile and new cabinets. Both bathrooms have been remodeled with custom tile work and brand-new vanities. Fresh paint throughout the house on the walls, ceilings, and trim. Enjoy new tile floors in the foyer, kitchen, and bathrooms, premium laminate flooring in the living areas as well as the primary bedroom plus new carpet in the secondary bedrooms. The laundry room is inside, along with ample storage space. Relax on your covered patio and enjoy outdoor activities in your oversized backyard. HVAC is only 4 years old and roof covering only 7 years old, plus vinyl siding for low maintenance and double pane windows too. Zoned to highly acclaimed Katy ISD and close to tons of dining and shopping. Schedule your showing today!
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| Jun 28, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017