28719 Hemlock Red Court
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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 13, 2022 | Sold | ||
| Sold | |||
| Mar 11, 2022 | Listed by Keller Williams Signature | $589,913 | |
| Listed by Keller Williams Signature | |||
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This stunningly immaculate Chesmar home located in the prestigious community of Cinco Ranch Southwest is zoned to award winning Katy ISD schools. Just imagine the culinary masterpieces created in this chef's kitchen! This home also boasts a rare second bedroom on the first floor, is an oversized cul-de-sac corner lot and faces north. Kick your feet up and relax after a long day on your covered back patio with your beverage of choice and enjoy the evening sunsets. Easy access to TX-99, FM 1093 and I-10. Welcome home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017