2702 Falcon Knoll Lane
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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.
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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 27, 2024 | Sold | ||
| Sold | |||
| Sep 21, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by HomeSmart | $485,000 | |
| Listed by HomeSmart | |||
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Perfect location in the heart of Katy! Walk to every level KISD school. Walking distance to groceries, restaurants, park, and schools. Immediate access to Greenbelt connecting WFDD hike and bike trail and Willow Fork Park. Short bike ride to CRJH and CRHS via the hike/bike trail. Large primary walk-in closet and three additional storage closets in the home. Spacious and bright game room for the family. Study with good size walk-in closet can be used as an extra bedroom or nursery. All 3 bedrooms UP have generous size walk-in closet. One of the bedroom UP has en-suite full bath. Recent carpet. Updated kitchen with new tile and backsplash. Real engineered wood floor in downstairs living area, study, dining and primary bedroom. RO for safe drinking water. Oversize detached garage. Shady backyard saves energy and pet. Move-in READY!
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| Jun 26, 2023 | Sold | ||
| Sold | |||
| May 27, 2023 | Listed by Engel & Volkers Houston | $424,900 | |
| Listed by Engel & Volkers Houston | |||
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Perfect location in the heart of Katy. Walk to every level KISD school. Walking distance to groceries, gym, and stores. Immediate access to Greenbelt connecting to the WFDD Hike and Bike Trails and Willowfork Park. Easy access to TX-99, IH-10, and WPT for commute or restaurants and malls. This original owner house is in immaculate shape. Large Walk-in closets and lots of storage space. Roof, HVAC, and water heaters were replaced and upgraded. New carpet upstairs, wood and tile downstairs. Downstairs study has a closet and close bathroom; could easily be converted into a 5th bedroom. Lots of extras: Water filter system, sprinkler system, garage accommodates a full size pickup truck. Shady back yard save energy and pets. Outside of flood plains. This one won't last long
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About Falcon Ranch
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Last Updated: 5 months ago
Data Source: HAR , MLS# 86539846
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Address: 335 Madison Avenue, New York, NY 10017