4
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0 Spring Cypress Road
About This Property
Non-Zoned | Bank-Ready for Disposition
Please see the attached Broker Price Opinion / Market Study (CMA).
This prime 3.55-acre tract offers exceptional versatility and long-term value in one of Spring's most active commercial corridors. Whether for self-storage, flex industrial, retail, or mixed-use development, the site delivers strong fundamentals, excellent access, and a highly strategic location.
We invite you to request preliminary underwriting and review our property flyer, which highlights key demographics, surrounding business activity, and market indicators that support multiple development paths.
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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 9, 2026 | Listed by Winhill Advisors - Kirby | $1,200,000 | |
| Listed by Winhill Advisors - Kirby | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Last Updated: 2 months ago
Data Source: HAR , MLS# 44302499
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017