1089 Spindletree Lane
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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 20, 2022 | Sold | ||
| Sold | |||
| Mar 31, 2022 | Listed by RE/MAX Grand | $309,900 | |
| Listed by RE/MAX Grand | |||
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Barely lived in (Sep 2020 to Feb 2022) zoned to Katy ISD, 3 bedrooms 2 baths open concept floorplan perfect for entreating family & friends. Large kitchen with dark stained cabinetry, granite countertops, SS appliances & a huge kitchen island with breakfast bar for stool chairs. The family room has large windows allowing the natural light to shine through. Huge primary bedroom with its own bath that includes a large walk-in shower and walk-in closet!
Jack & Jill bathroom connecting the 2 secondary bedrooms. Don't forget to step out back thru the sliding door to view the covered patio & backyard. Hurry, schedule your showing today! Please note that this house has a solar panel system to save energy and the buyer will need to sign a separate contract with the vendor for about $95/month.
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| Sep 30, 2020 | Sold | ||
| Sold | |||
| Jan 16, 2020 | Listed by Nest Ahead | $209,990 | |
| Listed by Nest Ahead | |||
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Make the Hawking plan your new home. This 3 bedroom and 2 bathroom home is perfect for a family. You will enjoy brand new stainless steel appliances and a large island with granite countertops. Set up your appointment today to learn how we can guide you home to the Hawking plan.
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Last Updated: 5 months ago
Data Source: HAR , MLS# 47454769
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017