6447 New World 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 |
|---|---|---|---|
| Jun 18, 2021 | Sold | ||
| Sold | |||
| May 12, 2021 | Listed by Compass RE Texas, LLC | $210,000 | |
| Listed by Compass RE Texas, LLC | |||
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WELCOME HOME to this upgraded 1-story gem that’s located in Settlers Village in Katy, TX. This charming home features 3 bedrooms, 2 bathrooms & an attached 2- car garage. Simply sensational curb appeal w/ a NEW ROOF (2021), traditional red brick exterior & well manicured landscape. Step inside & you will fall in love w/ the completely renovated chef inspired kitchen that features new shaker cabinets, SS appliances, gas range, stylish Quartz counters & a large walk in pantry. Other interior features include fresh decorator paint throughout, no carpet & remodeled baths! Beautiful living room features cozy fireplace w/ deco tile surround. Expansive primary suite w/ updated en suite bath & large walk in closet. 2 spacious guest rooms. Large backyard perfect for entertaining! Walking distance to Walker Elementary! (CFISD) No flooding! Excellent access to major roads & West Houstons favorite dining, shopping & entertainment!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017