3403 Pennington Trace Drive
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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%.
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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.
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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 25, 2026 | In contract | - | |
| In contract | |||
| Sep 3, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 2, 2026 | Listed by Corcoran Genesis | $708,000 | |
| Listed by Corcoran Genesis | |||
| Aug 13, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 12, 2026 | Listed by Corcoran Genesis | $708,000 | |
| Listed by Corcoran Genesis | |||
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Welcome to 3403 Pennington Trace, a stunning retreat on a cul-de-sac lot Canyon Lakes at Cardiff Ranch. Zoned to Tays JHS & Tompkins HS in Katy ISD, this spacious 5-bedroom home blends comfort with high-end style, perfect for both quiet evenings & lively entertaining. The inviting foyer opens to a private study and formal dining room, leading into a bright, open-concept heart of the home. The chef-inspired kitchen features rich cabinetry, granite countertops, and an oversized island that overlooks a sun-drenched family room anchored by a cozy fireplace. The primary suite features a walk-in shower, garden tub and a massive walk-in closet. Upstairs, the game and media rooms offer the ultimate space for movie nights or play with 3 spacious secondary bedrooms. Step outside to your private backyard oasis, complete with an expansive covered patio and a refreshing pool. Enjoy a resort lifestyle at Cardiff Ranch with a clubhouse, gym, and pools—all minutes from LaCenterra’s dining & shopping.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017