6706 Terania Circle
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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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Nov 11, 2024 | Listed by eXp Realty LLC | $539,990 | |
| Listed by eXp Realty LLC | |||
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Step into this exquisite 2 story home located in a quiet cul-de-sac in Katy, TX. Offering 4 spacious bedrooms and 3.5 baths, this Westin home welcomes you with their signature grand rotunda entry. To your left, a formal dining room invites intimate gatherings, while the adjacent study provides the perfect private space for a home office. At the heart of the home, the chef’s kitchen features sleek quartz countertops, stainless steel appliances, & a functional layout that makes meal prep a pleasure. The 1st floor primary suite offers a tranquil retreat with a spa-like bath & a large walk-in closet. Upstairs, you’ll find 3 additional bedrooms, each with ample closet space, a convenient built-in desk, a versatile game room, & a cozy media room perfect for movie nights. Outside, an extended covered patio offers an inviting space for outdoor relaxation with a massive backyard. The attached 3-car epoxy floored garage adds both style & function. Newly installed Roof & AC Unit!
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| Jun 22, 2024 | Price Decreased |
$569,000
↓ $6K
(1%) | |
| Price Decreased | |||
| May 31, 2024 | Listed | $575,000 | |
| Listed | |||
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Gorgeous two-story home. This home has it all! From a beautiful Rotunda foyer to a gorgeous open floor plan open with lots of natural light. It offers a spacious kitchen with a grand island and beautiful white shutters on every window. High ceilings in the study and throughout the home gives the elegance that every home needs. The upstairs its spectacular with a perfect media room to watch all your favorite movies and just next to it you have a great game room that you can convert into your own library or a table pool game area.
Huge patio, perfect for you to install your own pool or you can just relax under the covered patio. The owner has added a nice shed with electrical connections that can be perfect for the pool equipment and/or your working area or storage. The home has an upgraded PVC drainage system (more info upon request)
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About Harris
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Last Updated: 6 months ago
Data Source: HAR , MLS# 31769759
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