5306 Royal Press Drive
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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%.
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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 |
|---|---|---|---|
| Nov 28, 2022 | Sold | ||
| Sold | |||
| Sep 22, 2022 | Listed by eXp Realty, LLC | $299,990 | |
| Listed by eXp Realty, LLC | |||
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Open concept, 3/2 home with all bedrooms down in the King Crossing community! Ideal layout features a welcoming entry into the family room, gourmet kitchen, and breakfast. The kitchen features beautiful granite counters, large subway tile backsplash, pantry, and vast island with additional seating and accented by custom pendant lighting. French doors adjacent to the kitchen lead to the private office. The generously sized primary bedroom can accommodate a king size bed and seating area by the bay windows, and boasts a luxurious ensuite with a deep soaking tub, and walk-in closet. Two additional guest bedrooms complete this turn-key home. Enjoy relaxing or grilling under the backyard covered patio! Gorgeous community pool, kids park, dog park, walking trails nearby!
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| Nov 24, 2020 | Sold | ||
| Sold | |||
| Sep 28, 2020 | Listed by eXp Realty, LLC | $235,000 | |
| Listed by eXp Realty, LLC | |||
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3 Bedroom, 2 Bathroom Pulte 2017 Build Home in the King Crossing Subdivision of North Katy. Zoned to Katy ISD schools. This lovely home features a contemporary and open floor plan with Large Island "eat-in" Kitchen, white 42" cabinets, gorgeous granite countertops, and a Stainless Steel appliance package that includes a French Door Refrigerator. Work from home in the Private Office suite of this stunning home! Enjoy easy access to 99 Grand Parkway and I-10. This home is minutes away from Katy Mills Mall and the Typhoon Texas Water Park.The King Crossing subdivision has walking trails and lakes with a resort style pool and dog park! Washer and Dryer also included!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017