2914 Orchid Ranch Drive
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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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| May 11, 2024 | In contract | - | |
| In contract | |||
| Apr 30, 2024 | Listed by PrimeOne Realty LLC | $345,000 | |
| Listed by PrimeOne Realty LLC | |||
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Beautiful 2 story home in the heart of South of Katy. Convenient location. Most recent section in Katy Creek Ranch. No backyard neighbor. Quiet nature bayou view from second floor bedrooms. Primary bedroom downstairs complete with en-suite bathroom and walk-in closet. Three secondary bedrooms plus a large game room upstairs. Nice front porch. Large backyard cover patio. Minutes to Grand Parkway and I-10. Zoned to top KISD schools. Low tax rate and low HOA. Community Amenities: Playgrounds and swimming pool. Don't miss this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017