$600,000 Last Listed Price
●
House -
Off Market
2443 Monarch Terrace Drive
Katy, TX 77494
5 Beds
4 Baths,
1
Half Bath
4,885 Ft²
$686,665
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Stunning Perry built 5/4.5/3 home in Firethorne, located on a large
interior lot. Great room sizes. 2nd bedroom down w ensuite full
bath. Primary suite down w dual closets. Large kitchen w abundant
cabinetry, gas cooktop in island, dbl ovens - open to family room w
2 story wall of windows overlooking the spacious backyard w plenty
of room for a future pool (rendering in photos). Covered patio &
extended patio in back & side yards complete the private backyard.
Study/living downstairs. 3 full garages (split setup).
Upstairs features 3 spacious bedrooms, walk in closets in
each bedroom + 2 full baths & lots of extra storage space.
Large gameroom & media room upstairs. Zoned to
outstanding Katy schools, Wolman elementary is only a short
walk/ride away in the neighborhood. Two subdivision
pools/tennis/volleyball court all within walking/biking distance.
Entrance to 2 mile walking trail around wildlife habitat across
street. Close to shopping and entertainment. Easy access to
I-10.
Unit Size
4,885 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$123
Property Type
House
Property Taxes
$1,077
HOA Dues
$67
Year Built
2009
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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: 5 months ago (HAR #51533014)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by BHGRE Gary Greene | $600,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
Stunning Perry built 5/4.5/3 home in Firethorne, located on a large interior lot. Great room sizes. 2nd bedroom down w ensuite full bath. Primary suite down w dual closets. Large kitchen w abundant cabinetry, gas cooktop in island, dbl ovens - open to family room w 2 story wall of windows overlooking the spacious backyard w plenty of room for a future pool (rendering in photos). Covered patio & extended patio in back & side yards complete the private backyard. Study/living downstairs. 3 full garages (split setup). Upstairs features 3 spacious bedrooms, walk in closets in each bedroom + 2 full baths & lots of extra storage space. Large gameroom & media room upstairs. Zoned to outstanding Katy schools, Wolman elementary is only a short walk/ride away in the neighborhood. Two subdivision pools/tennis/volleyball court all within walking/biking distance. Entrance to 2 mile walking trail around wildlife habitat across street. Close to shopping and entertainment. Easy access to I-10.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
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Baths
ft²
Price/ft²
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Sold On
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Listed by: Robert Miles, BHGRE Gary Greene
Last Updated: 5 months ago
Data Source: HAR , MLS# 51533014
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Last Updated: 5 months ago
Data Source: HAR , MLS# 51533014
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