3435 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%.
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 |
|---|---|---|---|
| Aug 20, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by Keller Williams Premier Realty | $497,500 | |
| Listed by Keller Williams Premier Realty | |||
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Gorgeous home in pristine condition located in top rated KatyISD school district! This home has a coveted floorplan with 2 bedrooms downstairs. The 2nd bedroom has ensuite bathroom. The home is loaded with upgrades including High-end wood flooring throughout the downstairs common areas, Water Softener, high-end granite, amazing study with 8 foot doors and high coffered ceiling. The media room is wired for 5.1 system and the den is wired for surround sound and security camera. Insulation between the study and secondary downstairs bedroom for added privacy. The location of the house is Perfect! Centrally located between I-10 & Westpark tollway (1093). Minutes from shopping and dining. Enjoy having no backyard neighbors and appealing brick wall. Possibilities are endless in pool-size backyard with extended patio and plumbed gas line ready for outdoor kitchen. Community pool and playground are just one block away making it easy to cool off after a days work or splash around with the kids!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017