9376 Pappas 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 |
|---|---|---|---|
| Apr 15, 2022 | Sold | ||
| Sold | |||
| Feb 26, 2022 | Listed by HomeSmart | $549,998 | |
| Listed by HomeSmart | |||
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Welcome home, located in Willow Creek Farms, a convenient location off of I-10 & Texas Heritage Parkway. Zoned to Katy ISD! As you enter through the front door you will see a Grand round staircase with custom Swarovski crystal chandelier. The open concept kitchen features a massive island with seating, quartz counters, SS appliances, and a breakfast room with plenty of natural light! Office with french doors and formal dining room also downstairs. The first floor primary bedroom has a tray ceiling and en-suite bath with dual sinks, a large tub, and walk-in shower. Upstairs is a game room and media room, as well as 3 more spacious bedrooms.
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Last Updated: 4 months ago
Data Source: HAR , MLS# 32173960
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017