3042 Texas Oak Drive
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 |
|---|---|---|---|
| Nov 7, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 20, 2024 | Listed by RE/MAX Elite Properties | $280,000 | |
| Listed by RE/MAX Elite Properties | |||
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Fantastic 4 bedroom / 2.5 bath/ study ready for new homeowners. A sparkling pool/ hot tub with extensive landscaping is a bonus. Features include: a fireplace, pool, study, upstairs game room, primary has walk-in closet, and sizable primary suite. Neighborhood amenities include a playground, pool, tennis courts, and splash pad. Raintree Village is located in Katy in Harris County. It is located off Clay Road, just west of Fry Rd, which allows easy access to I-10, Grand Parkway, and Highway 6. Downtown Houston is 30 30-minute drive via 1-10, where residents can find plenty of entertainment options, restaurants, and shopping venues. Students attend the highly-rated KISD schools. Access to 99 is only 0 minutes away.. allowing access to NORTHWEST HOUSOTN
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017