2802 Cottonwood 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 |
|---|---|---|---|
| May 25, 2021 | Sold | ||
| Sold | |||
| Mar 18, 2021 | Listed by Keller Williams Premier Realty | $325,000 | |
| Listed by Keller Williams Premier Realty | |||
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Great neighborhood in Old Katy WITHOUT MUD TAXES AND NO HOA!! Nice floorplan with primary bedroom down and 3 great sized bedrooms up. 1st floor and upstairs bath remodeled after Harvey. Beautiful ceramic wood look tile downstairs; Kitchen has quartz counters, recent stove and good sized pantry. Master bath has same quartz counters, his & hers walk in closets and tub shower has been converted into large shower with seat. 1/2 bath has new cabinet and same quartz countertop. Large backyard with mature trees and detached oversized 2 car garage that has a fully decked attic. Dead end street and cul-de-sac for kids safety. Highly sought after neighborhood and Katy schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017