$625,000 Last Listed Price
●
House -
Off Market
22902 Rachels Manor Drive
Katy, TX 77494
4 Beds
3 Baths,
1
Half Bath
3,951 Ft²
$659,563
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Beautiful well built 4 bedroom, 3.5 bath Perry Home in the heart of
Cinco Ranch backs to a greenbelt area with a private gate to
walking/biking trails. High ceilings throughout the house, recessed
lighting, and extensive crown molding. Great floorplan for
entertaining! Generous amounts of natural lighting in the Living
Room area features a tile surrounded gas fireplace & built-in
entertainment niche. The spacious island kitchen is open to the
breakfast room & features granite counters, tile backsplash &
floors. The primary bedroom includes a sitting area overlooking the
refreshing POOL/SPA, large his/hers walk-in closets and en-suite
bath with jetted tub & updated frameless walk-in shower. Gameroom
up. Spacious secondary bedrooms with walk-in closets. Jack & Jill
bath. The amazing landscaping enhances the curb appeal! Very
private; no back neighbors! Sparkling POOL/SPA with accent
fountain. Sprinkler System. NO FLOODING! Award winning Katy ISD,
easy access to 99/I-10/Westpark.
Unit Size
3,951 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$158
Property Type
House
Property Taxes
$937
HOA Dues
$93
Year Built
2001
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (HAR #37907615)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 23, 2022 | Sold | ||
| Sold | |||
| Oct 28, 2022 | Listed by RE/MAX Cinco Ranch | $625,000 | |
| Listed by RE/MAX Cinco Ranch | |||
| | |||
|
Beautiful well built 4 bedroom, 3.5 bath Perry Home in the heart of Cinco Ranch backs to a greenbelt area with a private gate to walking/biking trails. High ceilings throughout the house, recessed lighting, and extensive crown molding. Great floorplan for entertaining! Generous amounts of natural lighting in the Living Room area features a tile surrounded gas fireplace & built-in entertainment niche. The spacious island kitchen is open to the breakfast room & features granite counters, tile backsplash & floors. The primary bedroom includes a sitting area overlooking the refreshing POOL/SPA, large his/hers walk-in closets and en-suite bath with jetted tub & updated frameless walk-in shower. Gameroom up. Spacious secondary bedrooms with walk-in closets. Jack & Jill bath. The amazing landscaping enhances the curb appeal! Very private; no back neighbors! Sparkling POOL/SPA with accent fountain. Sprinkler System. NO FLOODING! Award winning Katy ISD, easy access to 99/I-10/Westpark.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Cinco Ranch
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kristi Halphen, RE/MAX Cinco Ranch
Last Updated: 4 months ago
Data Source: HAR , MLS# 37907615
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Last Updated: 4 months ago
Data Source: HAR , MLS# 37907615
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