622 W Newport Bend
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 |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2025 | In contract | - | |
| In contract | |||
| Dec 12, 2025 | Listed by REALM Real Estate Professionals - Sugar Land | $296,000 | |
| Listed by REALM Real Estate Professionals - Sugar Land | |||
| Mar 8, 2023 | Sold | ||
| Sold | |||
| Jan 24, 2023 | Listed by eXp Realty, LLC | $299,000 | |
| Listed by eXp Realty, LLC | |||
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This neighborhood is truly an "enclave" in the middle of Katy. Tucked away at the end of Fernhurst, this gated community is a quiet pocket of homes, convenient to I-99, I-10 and Costco! The home has tile floors, vinyl plank flooring in the master bedroom and carpet in the other 2 bedrooms. The open floor plan has curved doorways & cased openings, tall ceilings and upgraded lighting throughout. The walk-in master closet has special spring loaded upper racks. The double oven was replaced in 2021, HVAC replaced 2018. Back patio has been enlarged for entertaining and, although recently frozen, the front and back landscape beds are filled with beautiful plantings that will (most likely) return in the spring. Best of all, NO BACK NEIGHBORS! Come see this little jewel today! Owner/Agent.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017