27011 Downing Park Boulevard
About This Property
The backyard is a dream with a stunning pool and spa, 2 covered patios, and a fire pit which are great for entertaining. The backyard is equipped with an outdoor shower and bath. Gorgeous landscaping provides privacy. The inviting front porch leads to the extremely impressive interior of the home which offers comfortable chic living. The home possesses breathtaking finishes and detailed craftsmanship. The kitchen features a built-in stainless steel double oven, gas cooktop, microwave oven, and Bosch Silent Plus dishwasher. Off the study, you will find a stunning wine room. Upstairs there is a separate game room and media room. All secondary bedrooms offer walk-in closets. Designer touches throughout. Plantation shutters throughout the home. No stone was left unturned. Cinco Ranch offers many great amenities. Zoned to highly acclaimed Katy ISD schools.
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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 |
|---|---|---|---|
| Dec 9, 2022 | Sold | ||
| Sold | |||
| Nov 1, 2022 | Listed by FYI Realty-Katy | $739,900 | |
| Listed by FYI Realty-Katy | |||
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This beautiful home is located on a cul-de-sac lot and only has neighbors on one side.
The backyard is a dream with a stunning pool and spa, 2 covered patios, and a fire pit which are great for entertaining. The backyard is equipped with an outdoor shower and bath. Gorgeous landscaping provides privacy. The inviting front porch leads to the extremely impressive interior of the home which offers comfortable chic living. The home possesses breathtaking finishes and detailed craftsmanship. The kitchen features a built-in stainless steel double oven, gas cooktop, microwave oven, and Bosch Silent Plus dishwasher. Off the study, you will find a stunning wine room. Upstairs there is a separate game room and media room. All secondary bedrooms offer walk-in closets. Designer touches throughout. Plantation shutters throughout the home. No stone was left unturned. Cinco Ranch offers many great amenities. Zoned to highly acclaimed Katy ISD schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017