12319 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 |
|---|---|---|---|
| Sep 3, 2021 | Sold | ||
| Sold | |||
| Jul 29, 2021 | Listed by REALM Real Estate Professional | $200,000 | |
| Listed by REALM Real Estate Professional | |||
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Welcome home! Beautifully remodeled home in central West Houston location. Recent tile flooring, carpet and entire interior paint. Kitchen with just installed upgraded cabinets and granite counter tops. Both bathrooms have been redone with tile flooring, cabinets, sinks and hardware. Open flowing floorplan with kitchen and breakfast room attached to the family room. Large family room/ den with a vaulted ceiling. Roomy bedrooms. Pool sized back yard with covered patio. Near Westpark Tollway and Beltway 8. Close to dining and retail. Hurry and call your realtor today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017