11406 Valley Spring Drive
About This Property
Experience the charm of this Spring Branch home in Sherwood Oaks. With 4 bedrooms and 2 baths on a single level, it offers a spacious and inviting layout. The open kitchen features a work space and breakfast bar, while the large living area accommodates two sitting areas and a wood-burning fireplace. The master bedroom boasts a huge walk-in closet. Outside, a beautiful green space and patio area beckon for relaxation. Located minutes from Memorial City and CityCentre, this home provides easy access to shopping and dining. Zoned to Stratford High, it's perfect for families seeking a vibrant lifestyle.
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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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| May 16, 2023 | Listed by MIH REALTY, LLC | $450,000 | |
| Listed by MIH REALTY, LLC | |||
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tenant occupied!
Experience the charm of this Spring Branch home in Sherwood Oaks. With 4 bedrooms and 2 baths on a single level, it offers a spacious and inviting layout. The open kitchen features a work space and breakfast bar, while the large living area accommodates two sitting areas and a wood-burning fireplace. The master bedroom boasts a huge walk-in closet. Outside, a beautiful green space and patio area beckon for relaxation. Located minutes from Memorial City and CityCentre, this home provides easy access to shopping and dining. Zoned to Stratford High, it's perfect for families seeking a vibrant lifestyle.
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| Feb 21, 2019 | Sold | ||
| Sold | |||
| Jan 25, 2019 | Listed by ULR Properties | $314,900 | |
| Listed by ULR Properties | |||
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AS IS. SELLER WILL NOT COMPLETE ANY REPAIRS. FOUNDATION WORK HAS BEEN COMPLETED WITH A TRANSFERABLE WARRANTY. MAKE THIS CHARMING FIXER UPPER YOUR OWN OR GREAT OPPORTUNITY FOR FLIPPERS!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017