27506 Macklind Ridge Lane
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 |
|---|---|---|---|
| Jul 27, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | Listed by CB&A, Realtors-Katy | $625,000 | |
| Listed by CB&A, Realtors-Katy | |||
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*Multiple offers received* *An offer has been accepted* Welcome to this GRAND home located in Cinco Ranch Southwest of Katy, TX. This stunning home features 5 spacious bedrooms, 4 FULL bathrooms, and a 3-car garage. The open floor plan of this home is very functional and convenient, perfect for entertaining! Enjoy your chef’s kitchen, loaded with upgrades. Features include upper and lower solid wood cabinetry, a sprawling island with high-end granite countertops, stylish stone backsplash, a breakfast bar, and a luxe gas cooktop. Adjacent living room with a cozy gas fireplace, bright windows, ceiling fan, and spacious open concept. Downstairs home office, formal dining room, and guest room. Upstairs game room, media room, and additional built-in workspace. Luxe primary suite with massive walk-in closet and spa-inspired ensuite bathroom. The backyard has been well-maintained and provides plenty of green space for all of your outdoor living wants! Zoned to A+ KISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017