914 Arrow Lake Drive
About This Property
The backyard is a highlight, with a stunning oversized covered porch accessible through a sliding door. This home is currently zoned to the highly acclaimed Cinco Ranch High School within the KATY ISD. Don't miss the opportunity to see this wonderful property and begin a new chapter here!
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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 25, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Jun 15, 2024 | Listed by EW & Associates Realty, LLC | $288,000 | |
| Listed by EW & Associates Realty, LLC | |||
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Beautifully maintained single-story 3-bed, 2-bath home located on a quiet cul-de-sac street. The house features double-pane Low-E windows, a recently updated AC, and a new water heater, ensuring year-round comfort. The common areas boast tile flooring, while the bedrooms have clean, laminated wood flooring. The home has been updated with PEX piping for enhanced reliability.
The backyard is a highlight, with a stunning oversized covered porch accessible through a sliding door. This home is currently zoned to the highly acclaimed Cinco Ranch High School within the KATY ISD. Don't miss the opportunity to see this wonderful property and begin a new chapter here!
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| May 12, 2022 | Sold | ||
| Sold | |||
| Mar 24, 2022 | Listed by CB&A, Realtors-Katy | $245,000 | |
| Listed by CB&A, Realtors-Katy | |||
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Charming one-story home in Katy ISD, zoned to Cinco Ranch High School. This home has loads of curb appeal! Features include an oversized lot, mature trees, and a HUGE outdoor entertainment area. Inside updates include paint throughout, all carpet replaced with vinyl plank flooring, remodeled bathrooms, and stainless steel LG appliances. This well maintained home has double-paned low-E glass windows and a partially insulated garage. The roof, AC, and water heater were all updated within the past ten years. You will love to call this beautiful house yours. Welcome Home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017