8319 Cape Royal Drive
About This Property
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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 |
|---|---|---|---|
| Sep 17, 2026 | Listed by The Agency Team | $425,000 | |
| Listed by The Agency Team | |||
| Mar 18, 2021 | Sold | ||
| Sold | |||
| Feb 4, 2021 | Listed by eXp Realty, LLC | $325,000 | |
| Listed by eXp Realty, LLC | |||
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CLICK ON VIRTUAL TOUR! Gorgeous and well-kept 2 story home nestled in the popular gated community of Canyon Lakes West. Home features an office/study, formal dining, game room and media room. Wood floors all throughout the first floor. Living room boasts soaring ceilings, large windows allowing abundance of natural light, and a gas log fireplace with amazing stone wall. Kitchen offers granite counter tops, cute island, plenty of cabinetry, stainless steel appliances and tile floors. Fridge stays. Primary bedroom down with a wall of bay windows overlooking the backyard. Primary bath features his and hers vanities, a deep jetted tub, and a separate shower. Samsung Washer and Dryer included. Tankless Water Heater. Back patio area and a huge backyard with no back neighbors. Sprinkler System. Community pool, playgrounds, and jogging/walking trails with nice lake views. Cy-Fair ISD. Close proximity to local shopping/dining, HEB, Costco, parks and schools. Easy access to 290, 99, and Hwy 6.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017