27
Map
5315 Thorngate Court
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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Nov 7, 2025 | Listed by Better Homes and Gardens Real Estate Gary Greene - Katy | $380,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Katy | |||
| Oct 25, 2025 | Listed by Better Homes and Gardens Real Estate Gary Greene - Katy | $380,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Katy | |||
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Discover this lovely, well-kept home in Heritage Grand, a gated 55+ community in Katy, TX. Residents must be 55 or older. Featuring 2 bedrooms plus an office/library (versatile as a guest 3rd bedroom), formal dining room, and an open, spacious floor plan with adjoining breakfast room, family room, and kitchen. Open areas boast beautiful wood floors and plantation shutters. The updated primary bath offers a stunning updated walk-in shower. Enjoy updated kitchen counters, all new appliances, French drains, new garage door opener, water heater replaced in 2019, heating/AC replaced in 2018, and a whole home generator installed in April. HOA maintains front yard and sprinkler system, includes basic cable and internet. As a Heritage Grand resident, enjoy amenities like a clubhouse, pool, fitness center, and social activities. Don’t miss this exceptional home. Schedule a showing today and experience the best of 55+ living in Heritage Grand!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017