24407 Colonial Willow Drive
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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 22, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Price Decreased |
$329,900
↓ $18K
(5.2%) | |
| Price Decreased | |||
| Aug 1, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 31, 2026 | Listed by City Choice Realty | $347,900 | |
| Listed by City Choice Realty | |||
| Jun 11, 2026 | Listed by City Choice Realty | $324,900 | |
| Listed by City Choice Realty | |||
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Set within a gated Katy community, this 3-bedroom, 2.5-bath home delivers modern comfort with a wide-open first-floor layout. The main level is anchored by a spacious great room where the kitchen, dining area, and living space come together in one seamless setting that is perfect for hosting, relaxing, and staying connected. Enjoy the convenience of quick access to I-10 and Highway 99, plus close proximity to Katy Asiatown, Memorial Hermann Katy Hospital, and a wide mix of shopping, dining, and entertainment options throughout Katy.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017