25
Map
1212 Spring Street
About This Property
The home offers a comfortable, functional layout with the enduring appeal of brick construction. Outside, the spacious lot features mature trees and a fully fenced backyard with plenty of room for pets, entertaining, or simply enjoying time outdoors. The generous yard adds to the property's appeal and provides a private outdoor space close to all that Waco has to offer.
Whether you're looking for a home near Baylor, a potential student rental, or an investment property, this well-located home offers versatility and a convenient setting just minutes from campus.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 22, 2026 | Price Increased |
$185,000
↑ $3K
(1.4%) | |
| Price Increased | |||
| Oct 12, 2026 | Sold | ||
| Sold | |||
| Sep 20, 2026 | In contract | - | |
| In contract | |||
| Sep 18, 2026 | Listed by Range Real Estate | $185,000 | |
| Listed by Range Real Estate | |||
| Nov 12, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017