9 N Cay Court
About This Property
Step outside to a private backyard retreat featuring an in-ground pool, covered outdoor space, and a wood deck, creating the perfect setup for relaxing or hosting. Convenient access to Highway 288, Highway 35, and Highway 6 makes commuting to Lake Jackson, Pearland, and Houston easy, with schools, parks, shopping, and dining just minutes away. Come see it today!
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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 22, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Price Decreased |
$380,000
↓ $19K
(4.8%) | |
| Price Decreased | |||
| Jan 15, 2026 | Listed by eXp Realty, LLC | $399,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017