5231 Sunway 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 25, 2023 | Sold | ||
| Sold | |||
| Jun 21, 2023 | Listed by Texas Premier Realty | $295,000 | |
| Listed by Texas Premier Realty | |||
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You’ll love the many features of this gorgeous 3-bedroom, 2-bathroom home in Katy Manor with no back neighbors! This home boasts a modern board and batten/brick exterior, high ceilings, wood-look vinyl plank flooring, open concept living, quartz countertops, stainless steel appliances, a large island, large covered patio. This energy-efficient Beazer home is like living in a Yeti, due to the spray foam insulation and insulated garage door! There is a shaded community park that backs up to the home perfect for kids of all ages. The peaceful Katy Manor South community provides a park and playground. Situated near I-10 and the Grand Parkway, residents enjoy easy access to the Katy Mills Mall, Grand Parkway, and the Energy Corridor. Zoned to the highly-acclaimed Katy ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017