3315 Raintree Village 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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by Keller Williams Premier Realty | $315,000 | |
| Listed by Keller Williams Premier Realty | |||
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This single-story David Weekley home features 3 bedrooms, 2 full baths, & a 2-car garage. Come inside & find your formal dining room and your office which could also be used as a hobby room, flex room, or game room. Continue in & find your spacious kitchen with large center island, gas range, built-in microwave, pantry, travertine tile backsplash, & breakfast area. The open floor plan w/high ceilings flows nicely from kitchen to the living room with large windows & the rest of the home. The primary bedroom has a private ensuite bath w/dual sinks, separate shower & soaking bath, & a big walk-in closet. This home also features two additional bedrooms & a full bath. The big backyard has an extended covered patio & lots of room to enjoy the outdoors. Recent upgrades include new roof (2021), new water heater (2023), & HVAC (2018). No carpet throughout! The Raintree Village community is zoned to Katy ISD & has desirable amenities including community parks, pool, splashpad, & tennis courts.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017