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11603 Main Spruce Drive
About This Property
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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 8, 2026 | Listed by Keller Williams Realty Metropolitan | $325,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| Apr 1, 2026 | No longer available | - | |
| No longer available | |||
| Nov 10, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Oct 1, 2025 | Price Decreased |
$330,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Aug 1, 2025 | Listed by Forever Realty, LLC | $335,000 | |
| Listed by Forever Realty, LLC | |||
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Ideally located just minutes from Houston’s top destinations—including the world-renowned Medical Center, NRG Stadium, Downtown, and the Galleria—this beautifully single-family home offers unmatched convenience and comfort. Enjoy direct and reliable bus transportation to the Medical Center right from your doorstep, making your daily commute effortless.
Inside, natural light fills the main living area through expansive windows, creating a bright and welcoming atmosphere. The open-concept kitchen, featuring sleek stainless steel appliances, flows seamlessly into the dining area—perfect for entertaining or everyday living.
The home features one bedroom on the ground floor and two additional bedrooms on the third floor, offering privacy and flexibility. Come and make this your future home !
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Property Highlights
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About Southwest Houston
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$8,500 /mo
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$1,269 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017