11947 Paramount 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 |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Listed by Stanfield Properties | $184,900 | |
| Listed by Stanfield Properties | |||
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Affordable opportunity in Spring ISD! This single-story home offers 1,805 square feet of living space with 3 bedrooms, 2 bathrooms, and a split floorplan for added privacy. The spacious family room features wood-look flooring, a vaulted ceiling, gas log fireplace, and charming exposed brick accents. The kitchen is functional with ample cabinetry, and the oversized primary suite offers plenty of space to unwind. Enjoy an enclosed back porch and a large, wrap-around backyard thanks to the home's location on the bend of the street. Additional highlights include a double-wide driveway and 2-car garage. Great potential for investment or personal customization!
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| Dec 1, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by Opendoor Brokerage, LLC | $219,000 | |
| Listed by Opendoor Brokerage, LLC | |||
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Fantastic 3 bedroom, 2 bathroom home in sought after Houston location! Enjoy preparing meals in this impressive kitchen equipped with ample cabinets and generous counter space. Flow into the living room featuring a cozy fireplace, perfect for entertaining. Relax in your primary suite, complete with an en-suite bathroom and spacious closet. Lush green landscape surrounds this beautiful house. Don't miss this incredible opportunity!
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About Rushwood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017