6850 Pioneer 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%.
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 12, 2022 | Sold | ||
| Sold | |||
| Jul 5, 2022 | Listed by RE/MAX All Stars | $445,999 | |
| Listed by RE/MAX All Stars | |||
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Welcome home!! This David Weekly built home in Cane Island, boasts 3/4 bedrooms, 3 full bathrooms 1 half bath and private study. Located in Cane Island with highly acclaimed Katy ISD schools. This community has it all! Energy efficient windows, plantation shutters, built-in shelves, tankless water heater and a water softener! Backyard backs up to a green space, NO BACK NEIGHBORS! Lots of charm! Cane Island is located in the heart of Katy with amenities that are unmatched! Pools, The Oaks restaurant, live music on the weekends and so much more fun right at your door. Make your appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017