6931 Terrace Ridge
About This Property
It's located in acclaimed KATY Schools and within walking/biking distance to the elementary school. It's conveniently located within minutes to Hwy 99 or Grand Parkway, many shopping and dining destinations.
Put it on your list and call for your private viewing.
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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 |
|---|---|---|---|
| Oct 20, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2023 | Listed by Keller Williams Realty - Memor | $659,000 | |
| Listed by Keller Williams Realty - Memor | |||
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YOUR SEARCH STOPS HERE!! You'll fall in love with the floor plan and condition of this wonderful home! An open floor plan with formal dining, a study, the kitchen area overlooking the den, high ceilings, engineered wood floors, lots of windows for much natural light, breakfast area with a sunroom space, primary bedroom downstairs with and updated bathroom and a huge closet, upstairs has a split plan with Jack N Jill bath, spacious game room, good size bedrooms and closets & a backyard with a pool/spa to enjoy year round. It has BRAND NEW A/C COOLING UNITS INSTALLED AND CERTIFIED plus many other updates so ask for your full list!
It's located in acclaimed KATY Schools and within walking/biking distance to the elementary school. It's conveniently located within minutes to Hwy 99 or Grand Parkway, many shopping and dining destinations.
Put it on your list and call for your private viewing.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017