3522 Gardenia Ranch Drive
About This Property
This well-maintained 3-bedroom, 2-bathroom home features an open island kitchen, 2" blinds, and ceiling fans throughout. Enjoy durable laminate wood flooring in all living areas, with tile in wet zones. The home also includes a full automatic sprinkler system, an automatic garage door opener, and both covered front and back porches-perfect for relaxing or entertaining. Located in the highly acclaimed Katy ISD, with easy access to Grand Parkway (99), I-10, and Westpark Tollway. Just minutes from Katy Mills Mall and other local amenities. Don't miss this ideal combination of comfort, location, and convenience!
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Cap Rate Calculator
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 19, 2025 | Sold | ||
| Sold | |||
| Jul 27, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by Jessica Realty | $339,990 | |
| Listed by Jessica Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017