5622 Armillary 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 |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | In contract | - | |
| In contract | |||
| Jan 18, 2025 | No longer available | - | |
| No longer available | |||
| Jan 17, 2025 | Listed by Keller Williams Signature | $290,000 | |
| Listed by Keller Williams Signature | |||
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Located in the desirable community of Katy, Texas, 5622 Armillary Drive offers a charming 1-story home with 3 bedrooms and 2 bathrooms. With 1,677 square feet of living space, this well-maintained home provides the perfect balance of comfort and style. The open floor plan features spacious living areas that flow seamlessly, ideal for both family gatherings and entertaining guests. The kitchen boasts modern appliances and ample counter space, making meal prep a breeze. The master suite offers a peaceful retreat with a private en-suite bathroom, while the two additional bedrooms are perfect for family, guests, or a home office. Outside, the property offers a nice backyard for outdoor activities or relaxation. Conveniently located near local schools, shopping, and major highways, this home is a perfect blend of convenience and comfort in a thriving neighborhood. Zoned to Cy-Fair Schools District. Please schedule your showing today!
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| Nov 26, 2024 | Listed by Keller Williams Signature | $290,000 | |
| Listed by Keller Williams Signature | |||
| | |||
|
Located in the desirable community of Katy, Texas, 5622 Armillary Drive offers a charming 1-story home with 3 bedrooms and 2 bathrooms. With 1,677 square feet of living space, this well-maintained home provides the perfect balance of comfort and style. The open floor plan features spacious living areas that flow seamlessly, ideal for both family gatherings and entertaining guests. The kitchen boasts modern appliances and ample counter space, making meal prep a breeze. The master suite offers a peaceful retreat with a private en-suite bathroom, while the two additional bedrooms are perfect for family, guests, or a home office. Outside, the property offers a nice backyard for outdoor activities or relaxation. Conveniently located near local schools, shopping, and major highways, this home is a perfect blend of convenience and comfort in a thriving neighborhood. Zoned to Cy-Fair Schools District. Please schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017