24427 Bay Hill Boulevard
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 |
|---|---|---|---|
| Nov 30, 2020 | Sold | ||
| Sold | |||
| Oct 16, 2020 | Listed by Keller Williams Realty | $425,000 | |
| Listed by Keller Williams Realty | |||
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This golf course community offers perfect contrast, nestled quietly amongst the trees and greenery and seclusion of Falcon Point, but close to the buzz of La Centerra, Katy Mills Mall, I-10 and Highway 99. 4 bedrooms, 3 living areas, upstairs rear balcony, and deep shaded backyard patio overlooking the golf course. Classic exterior makes this a very handsome house. The interior, light-filled, painted throughout with on-trend colors and styled for casual living turns this into a very pretty home. Fabulous oversized kitchen with extended breakfast bar and granite counters. Excellent Katy ISD schools. Bonus room off fourth bedroom! Currently used as a perfect playhouse, but would make an excellent additional study space or workout room. Lots of amenities being developed nearby, including the water park and plans for the Katy Boardwalk.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017