6514 Crystal Forest Trail
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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%.
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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 28, 2024 | Sold | ||
| Sold | |||
| Sep 15, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | No longer available | - | |
| No longer available | |||
| Aug 21, 2024 | Listed by Compass RE Texas, LLC - Katy | $425,000 | |
| Listed by Compass RE Texas, LLC - Katy | |||
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Welcome home to 6514 Crystal Forest Trail in Old Katy! This 4 bed, 3 bath home, located on large lot, is zoned to Katy Elementary, Katy Middle and Katy High School. Low HOA and property taxes! To the left of the entry is your formal dining, currently used as an office. The kitchen features stainless-steel appliances, massive snack bar can seat 5, granite countertops with undermounted sink, and 42” cabinets. The huge upstairs bedroom can be a game room, media room, or office. The generously sized primary bedroom features 2 walk-in closets, huge built-in entertainment center and luxurious bathroom with separate shower, soaking tub, and 2 vanities! All bedrooms have walk-in closets and only carpet in 2 bedrooms. Complete interior professionally painted including brick look arches. New A/C 2024, new fence 2021. The oversized garage, every owner’s dream, has shelving and a workstation. The back covered patio space is sure to be a favorite, with neighbors on only one side! Original owner!
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| Aug 8, 2024 | Price Decreased |
$439,000
↓ $11K
(2.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017