227 Concordia 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 |
|---|---|---|---|
| Feb 22, 2026 | No longer available | - | |
| No longer available | |||
| Sep 20, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 21, 2025 | Listed by The Realty | $415,000 | |
| Listed by The Realty | |||
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Experience Luxury and Convenience in This Fully Remodeled Gem. Whether you're drawn to the vibrant cultural scene or seeking a peaceful retreat, this home caters to all your needs: 5 Minutes from Katy Asian Town, 10 Minutes from Major Shopping, Quick Drive to the Energy Corridor, perfect for professionals, this convenient location ensures your commute is a breeze.
Step inside this beautifully remodeled home and be greeted by an open concept design that exudes elegance. The high-end finishes throughout the home create a true vacation resort feel, ensuring every day feels like an escape to paradise, extra room convertible to a man cave or 4th bedroom.
The outdoor area is an entertainer’s dream, multiple spaces to relax and enjoy. Dive into relaxation or host poolside gatherings with friends and family. Spacious Backyard with pool: Plenty of room for outdoor activities, gardening, or simply soaking up the sun.
This home is more than a place to live—it's a lifestyle. Welcome home!
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| Dec 18, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017