24915 Florina Ranch Drive
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 |
|---|---|---|---|
| Sep 13, 2022 | Sold | ||
| Sold | |||
| Jul 21, 2022 | Listed by Coldwell Banker Realty | $425,000 | |
| Listed by Coldwell Banker Realty | |||
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Fantastic home in the heart of Katy! In walking distance to award-winning Katy ISD schools! This spacious one-story home has everything you're looking for- oversized covered porch, 4 HUGE bedrooms, including a private guest suite with its own full bathroom. Open layout is perfect for entertaining. Kitchen has lots of counter and cabinet space, stainless steel appliances- and this home includes washer and dryer! High ceilings give this home a spacious feel, but don't worry about your electric bill, this home has fully-paid off SOLAR panels! Backyard has plenty of space for your little ones to run around and a covered patio, with additional access to the primary suite. A few short minutes to two major highways, shopping, retail, restaurants and low tax rate! This is a sought-after PREMIER LOCATION- it cannot be beat!
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About Fort Bend
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017