6807 Northchester Drive
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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 |
|---|---|---|---|
| Aug 31, 2023 | Sold | ||
| Sold | |||
| Aug 4, 2023 | Listed by BHGRE Gary Greene | $319,000 | |
| Listed by BHGRE Gary Greene | |||
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Sprawling 1 Story Gehan "Laurel" plan perfectly located in desirable Katy Lakes. Entry with grand rotunda, high ceiling and neutral tile floors that continue into the Kitchen and Breakfast Area. Kitchen offers 42" soft gray cabinets, granite countertops, stainless appliances, gas range and central island. Great open floorplan, Cozy Family Room, Large Formal Dining, plus Study/GameRoom/Flex Room. Spacious Owners Retreat with extended Sitting Area, Walk-In Closet, Dual Sinks, Soaking Tub, and Separate Shower. Great size Secondary Bedrooms. Covered Patio, Pool-size Backyard and Abundant Energy Features. Just steps from the community Pool, Park, Splash Pad, and Lakes. Katy ISD Schools! Great home potential with a little TLC. Welcome Home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017