5341 Tallowpine Terrace
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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 20, 2024 | Sold | ||
| Sold | |||
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Listed by Keller Williams Signature | $240,000 | |
| Listed by Keller Williams Signature | |||
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Charming single-story red brick home in the desirable Pineview Terrace / Old Towne Katy area, zoned to legendary Katy ISD schools! Fantastic open-concept floor plan offers a spacious family room with vaulted ceilings, flowing effortlessly to a well-appointed dining space, & Chef's kitchen with modern stainless steel appliances. Primary Suite offers walk-in closet & private en-suite bathroom. 2 comfortable guest bedrooms share & second updated bathroom. Interior also features rich wood style flooring, custom paint, ceiling fans, blinds & central laundry room. TX-sized covered patio overlooks the fully-fenced & green backyard. Double-wide driveway & 2-car attached garage with auto-opener for ample parking. Within 2 miles of Mary Jo Peckham Park, Katy City Park, Katy Jr High, Katy National Park, Legacy & Rhodes Stadiums. Short drive to Katy Mills Mall, Typhoon TX, & everything Katy has to offer. Near I-19 & TX-99 for easy commute.
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| Sep 28, 2024 | No longer available | - | |
| No longer available | |||
| Aug 10, 2024 | Relisted | $250,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017