28111 Middlewater View 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 |
|---|---|---|---|
| Oct 14, 2025 | Sold | ||
| Sold | |||
| Oct 8, 2025 | In contract | - | |
| In contract | |||
| Aug 9, 2025 | Listed by United Real Estate | $499,900 | |
| Listed by United Real Estate | |||
| Jul 3, 2025 | Price Decreased |
$519,900
↓ $18K
(3.4%) | |
| Price Decreased | |||
| May 25, 2025 | Listed | $537,900 | |
| Listed | |||
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Discover modern comfort and style in this beautifully home located in the highly sought after Trails of Katy community. This 1.5 story home has 4 bedrooms down with a home office, upstairs you will find a large game room, 1/2 bath and a storage closet!! Thoughtfully designed with both functionality and elegance in mind. Built with numerous upgrades at the time of construction, this home includes a fully integrated smart home system. The gourmet kitchen boasts a large granite island, SS appliances and custom cabinetry perfect for everyday living and entertaining. The spacious primary suite offers a spa-like ensuite bath with an oversized walk in rain head shower, double sinks, vanity and a generous walk-in closet. The home office with a custom barn door, currently being used as a play room is versatile to meet your needs. Over sized covered patio with gas stub out ready for family BBQ's, recent 10x10 tuff shed stays! Enjoy the amenities, great location and sought after Katy ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017