8530 Cape Royal 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 |
|---|---|---|---|
| Feb 6, 2024 | Sold | ||
| Sold | |||
| Jan 14, 2024 | In contract | - | |
| In contract | |||
| Jan 2, 2024 | Listed by Coldwell Banker Realty - Katy | $621,999 | |
| Listed by Coldwell Banker Realty - Katy | |||
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WOW! FANTASTIC Canyon Lakes West Westin Home that SHINES with the pride of ownership! Located in a gated section, come see this 4 bedroom 3.5 bath/ with study, game room, formal dining and media on an OVERSIZED lot with a BACKYARD OASIS with a sparkling pool and spa, outdoor kitchen and extended covered patio! No back neighbors! Soaring ceilings and extended rich wood floor sweep you into this immaculate home! Plantation shutters! Water filtration system! The island kitchen features great cabinet and counter space, gas cooking, stone arch, walk-in pantry and more! Spacious, private owner's retreat with great views, dual sinks, soaking tub, and BIG closet with access to laundry and bonus space! Great secondary bedrooms! LOTS OF STORAGE! Escape to the backyard! Full sprinkler system! Storage shed and lots of place to play! GREAT Cy Fair schools! Close to shopping and restaurants!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017