9006 Necklace Tree Lane
About This Property
Located in the highly desired Katy ISD, this property is perfect for any buyer. Long entry opens up to the
study and formal dining to the right and utility room to the left. Kitchen opens into the family room
making it perfect for entertaining friends and family. Kitchen has granite counter tops, lots of cabinet
space, SS appliances and large island. Reverse osmosis in kitchen as well. Primary bedroom has ample space with ideal natural light. Primary bathroom has tub with separate shower, dual sinks and walk-in closet. There are 2 additional bedrooms and 1 more full bathroom. The flex space can be used as another office area, homework station, workout spot or for entertainment use. Don't miss out on this opportunity to own a well-maintained David Weekley home located in the prime spot of Katy.
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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 5, 2024 | Sold | ||
| Sold | |||
| Jan 6, 2024 | In contract | - | |
| In contract | |||
| Dec 20, 2023 | Listed by eXp Realty LLC | $400,000 | |
| Listed by eXp Realty LLC | |||
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Welcome home to this adorable, quaint and meticulously cared for one story home in Seven Meadows.
Located in the highly desired Katy ISD, this property is perfect for any buyer. Long entry opens up to the
study and formal dining to the right and utility room to the left. Kitchen opens into the family room
making it perfect for entertaining friends and family. Kitchen has granite counter tops, lots of cabinet
space, SS appliances and large island. Reverse osmosis in kitchen as well. Primary bedroom has ample space with ideal natural light. Primary bathroom has tub with separate shower, dual sinks and walk-in closet. There are 2 additional bedrooms and 1 more full bathroom. The flex space can be used as another office area, homework station, workout spot or for entertainment use. Don’t miss out on this opportunity to own a well-maintained David Weekley home located in the prime spot of Katy.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017