4903 Shimmer Side 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 |
|---|---|---|---|
| Jul 12, 2023 | Sold | ||
| Sold | |||
| May 1, 2023 | Listed by Keller Williams Signature | $305,000 | |
| Listed by Keller Williams Signature | |||
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BACK ON THE MARKET! This one-story home located in the luxurious Sunterra neighborhood in Katy, Texas boasts three spacious bedrooms and two modern bathrooms, perfect for a family or those looking for extra space. With an open-concept layout, this house is perfect for entertaining guests, hosting family gatherings, or simply enjoying your own privacy. The home also features a corner lot, allowing for added windows and natural lighting throughout the space. The brand-new neighborhood provides a perfect blend of privacy and community with modern amenities and facilities accessible to all residents. The home is sure to offer a comfortable and relaxing lifestyle in one of the most sought-after locations in Katy, Texas
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| Mar 20, 2023 | Sold | ||
| Sold | |||
| Oct 27, 2022 | Listed by LennarVillageBldr-JaredTurner | $305,000 | |
| Listed by LennarVillageBldr-JaredTurner | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017