2247 Monarch Terrace Drive
About This Property
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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 |
|---|---|---|---|
| May 26, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Compass RE Texas, LLC | $685,000 | |
| Listed by Compass RE Texas, LLC | |||
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Southern living at its finest! This well-maintained 3,694 sf open floor plan home situated on an expansive 17,185 sf corner lot in the highly desirable neighborhood of Firethorne, boasts 4 BR, 3.5 BA, media room, study/flex space, chef's kitchen w/ TWO islands + grotto-style bar area. The extensively upgraded backyard is an entertainer's paradise + a must see! Upgrades include a capacious extended covered patio with plenty of room to host your family + friends for an al fresco dinner or a movie under the stars! No expense was spared with the addition of the sparkling pool w/ a slide and firepit, a spa, full outdoor kitchen complete w/ an oven, an outdoor fireplace w/ mounted tv + an additional 4th outdoor full bath w/ walk-in shower. Other highlights include built-in speakers, under cabinet lighting, and NO carpet! This home is within walking distance to the community sports complex, playground and highly rated Wolman Elementary and zoned to Katy High School! This home has EVERYTHING!
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| Jul 10, 2020 | Sold | ||
| Sold | |||
| Jun 2, 2020 | Listed by CENTURY 21 Western Realty | $470,000 | |
| Listed by CENTURY 21 Western Realty | |||
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Beautiful large One-Story home on a 100 Foot Lot located in the Master Planned Community of Firethorne and Zoned to Award Winning Katy ISD Schools. This 4 bed/3.5 bath/3 car garage home is walking distance to the neighborhood Elementary School and all of the neighborhood amenities. This is an entertainers dream home with a large kitchen with double islands and open to the large family room. The home has a formal dining room with butlers pantry, formal living room that could also be used as a study, and a fabulous media room! The backyard has a large covered patio with an outdoor kitchen and has plenty of room for you to build your dream outdoor oasis! Tons of Upgrades have been put into this home! Hurry and book your private showing today because this home will not last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017