5622 Timber Bay Court
About This Property
and new carpet in master gives a great look with low maintenance. Recent (2018*) appliances in kitchen,
recent (2016*) upgraded HVAC systems, and more. This home has been lovingly maintained and is move-in
ready! House did not flood during Harvey*. Walking distance to highly-rated Alexander Elementary (Buyer to verify eligibility). Less than a mile away are two pools, two splash pads, a dog park, and multiple playgrounds and hike/bike trails. Low tax rates, mature trees; enjoy all that Katy has to offer in this great home! *per Seller
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Cap Rate Calculator
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 18, 2020 | Sold | ||
| Sold | |||
| Nov 14, 2019 | Listed by Greenwood King Properties | $395,000 | |
| Listed by Greenwood King Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017