6111 T Street
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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Listed by RE/MAX Signature | $375,000 | |
| Listed by RE/MAX Signature | |||
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Welcome to this charming home located in the heart of Katy, Texas. Situated on a desirable corner lot in an unrestricted subdivision, this home offers both convenience and character. With 3 spacious bedrooms and 3 full bathrooms. The corner lot provides privacy and outdoor patio space. The unrestricted subdivision offers flexibility and freedom, allowing you to personalize your home and property to suit your needs. Enjoy the benefits of easy access to I-10 and 99. Great Katy Schools and Old Town Katy Living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017