2922 Morton Cove 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 |
|---|---|---|---|
| Jan 18, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2023 | Listed by TexasRenters.com, LLC | $315,000 | |
| Listed by TexasRenters.com, LLC | |||
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This lovely home in the heart of Katy is very spacious with easy access to Hwy 99 and Interstate 10. The first floor has a huge front room and the living room flows well with the kitchen. The living room has a nice fireplace next to the back door. The master bedroom is right off the living room with plenty of space. There is a game room area on the head of the stairs with three bedrooms upstairs. The home also has an attached garage. Don't wait inquire today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017