5211 Aspen Point 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 |
|---|---|---|---|
| Jan 2, 2024 | Sold | ||
| Sold | |||
| Nov 11, 2023 | Listed by Winhill Advisors - Kirby | $284,900 | |
| Listed by Winhill Advisors - Kirby | |||
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Welcome to 5211 Aspen Point Drive, a charming residence nestled in the heart of Katy, TX. This meticulously maintained home offers a perfect blend of modern comfort and classic elegance. Conveniently located in a desirable neighborhood, this property provides easy access to schools, shopping, and recreational facilities. With 3 bedrooms and 2 bathrooms, this home is ideal for families seeking space and functionality. The open-concept layout creates an inviting atmosphere, perfect for entertaining guests or relaxing with loved ones. The well-appointed kitchen is a chef's delight, featuring modern appliances, ample counter space, and stylish cabinetry. Enjoy Houston weather in the backyard oasis, the perfect spot for outdoor gatherings. Fresh new paint and carpet, as well as a new water heater. Zoned to excellent schools, this home is ready for you!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017