23931 Cotton Grass Trail
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 27, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | In contract | - | |
| In contract | |||
| Dec 17, 2024 | Listed by JPAR-The Sears Group | $375,000 | |
| Listed by JPAR-The Sears Group | |||
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The perfect blend of comfort & style: 1917 SF, 4 BED 2-BATH Pulte "Arlington" one story home (4TH BED being used as STUDY), COVERED PATIO w/Beautiful Landscaping in THE GORGEOUS ELYSON Community! Inside find WOOD TILE FLOORING throughout with carpet only in front bedroom. The KITCHEN opens to family & dining w/GRANITE counters, LARGE ISLAND, GAS RANGE, & LARGE WALK IN PANTRY. REFRIGERATOR, WASHER/DRYER, & LIVING TV INCLUDED! Additional comforts include LR Stone GAS LOG FIREPLACE, OVERSIZED WALK IN SHOWER, MUD BENCH/STORAGE, CEILING FANS, BLINDS & Curtains. SPRINKLERS front/back, beautifully landscaped for serene outdoor living. GAS GENERATOR HOOKUP with Electric Breaker - Just bring your Generator! Ideal for those seeking a vibrant community lifestyle with all the modern conveniences of Elyson's Amenities: ONSITE RESTAURANT, CLUBHOUSE, POOLS, PICKLEBALL, TENNIS, GYM, & COMMUNITY EVENTS. Located near Target Shopping Center with easy access to GRAND PARKWAY (99). Zoned to Katy ISD!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017