5318 Nottingham 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%.
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 7, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2022 | Listed by Real Broker, LLC | $260,000 | |
| Listed by Real Broker, LLC | |||
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3 Bedroom home with all new fixtures in the heart of Katy! This home is an open floor plan with the kitchen looking into the living room. Living room has a fire place and lots of natural lighting from the windows. Both full bathrooms have been renovated in 2022. Roof replaced in 2017, Water Heater replaced in 2019, AC Condenser replaced in 2019.
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| Mar 11, 2019 | Sold | ||
| Sold | |||
| Jan 26, 2019 | Listed by Champions Real Estate Group | $174,900 | |
| Listed by Champions Real Estate Group | |||
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Lovely home on a quiet street in old Katy. Wood look laminate floors, newly paint inside. Very clean.- Corner fireplace and high ceilings in the den, large kitchen has lots of cabinets. Open floor plan. Split BR plan. The
master has double sinks and his and her closets. Fenced backyard. . Good location, Great Katy Schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017