25929 Karen Road
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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%.
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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 30, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | No longer available | - | |
| No longer available | |||
| Jul 31, 2024 | Listed by Platinum Key Realty | $1,199,900 | |
| Listed by Platinum Key Realty | |||
| | |||
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UNRESTRICTED, LOW LOW LOW TAX, NO HOA beauty located in the heart of Katy. Welcome to 25929 Karen, where country farmhouse meets city living. Home has had extensive upgrades including: luxury vinyl plank flooring, entry mud room, office built-in, custom 13x13 pantry with island, whole home Renewal by Anderson windows, new AC unit, new duct work, new insulation, outdoor exterior lighting, plus sooooooo much more! Home boasts 4 bedrooms with 5th option, 3 full baths, 1 half bath, primary bedroom downstairs AND one upstairs, 2 car garage with AC currently being used as a game room, large workshop in back of garage, 37-gallon pool and spa, brand new deck, lush landscape and a private gate. YARD EXTENDS PAST WROUGHT IRON FENCE! Zoned to some of the top-rated Katy schools and in close proximity to restaurants, stores, Grand Parkway and I-10. Total upgrades over $180k. Ask your agent for the detailed list!
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| Jul 18, 2024 | Price Decreased |
$1,199,900
↓ $65K
(5.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017