3022 Bluestem Road
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 |
|---|---|---|---|
| Sep 20, 2026 | In contract | - | |
| In contract | |||
| Sep 14, 2026 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
| Price Decreased | |||
| Jul 21, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 20, 2026 | Listed by Del Monte Realty | $700,000 | |
| Listed by Del Monte Realty | |||
| Jun 16, 2026 | Listed by Del Monte Realty | $739,000 | |
| Listed by Del Monte Realty | |||
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Located in the highly sought-after master-planned community of Cane Island, this beautifully upgraded home offers luxury living inside and out. The open-concept floor plan features designer finishes, soaring ceilings, and a stunning chef’s kitchen with an oversized island that flows seamlessly into the spacious living and dining areas. The private primary suite is a true retreat with vaulted ceilings and a spa-inspired bath. A secondary bedroom and full bathroom on the first floor provide the perfect space for guests or multigenerational living. Upstairs offers flexible living space ideal for a game room, media room, and additional home office. Step outside to your own backyard oasis featuring a sparkling pool and spa, expansive covered patio, and lush landscaping designed for relaxation and entertaining. Enjoy all the amenities Cane Island has to offer, with convenient access to top-rated Katy ISD schools, shopping, dining, and major commuter routes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017