25814 Westbourne 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 |
|---|---|---|---|
| Nov 28, 2022 | Sold | ||
| Sold | |||
| Sep 19, 2022 | Listed by The Advisory Real Estate +Development | $399,990 | |
| Listed by The Advisory Real Estate +Development | |||
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Nestled in desirable King Lakes and priced below $400K, this 3 bed/2 bath provides value & major updates that include new luxury vinyl flooring throughout (8/21), new roof (11/21), AC (2018) & Furnace (2020), & Freshly Painted Walls & Cabinets throughout (2022)! Right of the entry is a formal Dining Room great for entertaining. Large Open Island Kitchen looks to the greater living area with Granite Counters and SS Appliances included. The expansive Primary Suite offers Dual Sinks, Soaking Tub, Separate Shower, and an 11x10 Seating Area perfect for a Home Office (see alternate floor plan). There are 2 add’l bedrooms & a full bath. All windows have a solar film that helps keep the home cool in summer months. Within a mile from Katy ISD Top Rated Schools, Grocery Stores, Restaurants, Coffee Spots, and access to Walking Trails and Parks, the location can’t be beat! This Katy charmer is the perfect place to Come Live Where You Play!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017