3315 Clear Water Park Drive
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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%.
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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 17, 2021 | Sold | ||
| Sold | |||
| Aug 7, 2021 | Listed by BHGRE Gary Greene | $515,000 | |
| Listed by BHGRE Gary Greene | |||
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Cinco Ranch Southlake is a magestic setting with lakes, a golf course, a beach club, pool, playgrounds and winding streets shaded by mature trees. As you enter through the wood and glass doorway, you will love the entry with stone floors and sweeping staircase and catwalk. To your left is the elegant Formal Dining room with crown and chair molding and modern light fixture. To your right is the Formal Study/Library with a wall of built-in shelves, crown molding and ceiling fan. The oversized Family Room offers soaring ceilings, a wall of windows and a center fireplace focal point. The kitchen has recently painted cabinets, great granite and stone backsplash, recently replace all appliances and overlooks the family room and casual dining space. You will enjoy the large Primary Bedroom and recently renovated bath. Upstairs, the large game room and secondary bedrooms will delight guests and family. A recently resurfaced pool and recent heater add to your family enjoyment. Welcome to Katy!
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| Apr 5, 2019 | Sold | ||
| Sold | |||
| Mar 1, 2019 | Listed by Keller Williams Premier Realty | $415,000 | |
| Listed by Keller Williams Premier Realty | |||
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URBAN SUBURBIA AT IT'S BEST! Lovely home in much sought after South Lake with a pocket park two doors down, Beach Club just a walk/bike ride away, close proximity to Grand Parkway, I-10 & Westpark Tollway. Nestled in South Lake Village and zoned to amazing KISD schools. LOW TAX RATE. This well laid out Montreal plan by Village offers such an inviting plan to raise your family. 5 bedrooms, 3.5 bathrooms, study, dining room, family room, game room & breakfast area, his/her closets in master bathroom. Warm hard wood floors in family room & kitchen, home recently painted and granite in the kitchen. Enjoy your summer months in front of your pool/spa and covered patio area. Bike/walk to the Beach club and to all the other Cinco Ranch amenities. Low tax rate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017