12055 Spring Grove Drive
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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 |
|---|---|---|---|
| Mar 15, 2022 | Sold | ||
| Sold | |||
| Jan 7, 2022 | Listed by Nest Finders | $239,990 | |
| Listed by Nest Finders | |||
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New Photos Uploaded!! Don't miss out Investor Special with a Tenant already in Place at $1500 until the end of February 2023. This two story home is nestled in the highly sought after community of Keegans Glen and features an open floor plan with soaring ceilings, an abundance of natural light, and a spacious kitchen with endless possibilities. Centrally located to close proximity of neighborhood amenities such as a park, swimming pool, tennis courts. Also conveniently located near restaurants, shopping HWY 59, Beltway 8 & Highway 6. This home is a must see and won’t last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017