5223 Gerent Lane
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 |
|---|---|---|---|
| Apr 27, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by NB Elite Realty | $425,000 | |
| Listed by NB Elite Realty | |||
| Jan 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 26, 2025 | Listed by NB Elite Realty | $448,000 | |
| Listed by NB Elite Realty | |||
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Enjoy a peaceful walk by the water every morning in this spacious 5-bedroom, 2.5-bath home with 3,433 square feet of living space in the beautiful King Crossing subdivision. The main bedroom is located on the first floor, along with an office space or formal dining area. The remaining four bedrooms are upstairs, where you’ll also find a game room, a theater room that can double as a fifth bedroom, and plenty of space for studying, working, or simply spending time as a family. The community pool and play area are just steps away, and the home is conveniently located near Katy’s shopping options such as H-E-B, Target, and highly rated schools. Best of all, the backyard opens directly to the lake with a private access door, giving you the perfect spot for morning walks by the waterfall or unwinding in the evenings as the sun sets over the water. Call your favorite Realtor and make an appointment today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017