1306 Spillers Lane
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 |
|---|---|---|---|
| Sep 22, 2020 | Sold | ||
| Sold | |||
| Apr 12, 2020 | Listed by Coldwell Banker Realty | $285,000 | |
| Listed by Coldwell Banker Realty | |||
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Freshly painted with a neutral color for you! Amazing location as just one of four homes on a culdesac with quick access to both I-10 and Beltway 8. This home that has never flooded boasts easy proximity to the Memorial City Center, Town and Country Village, Memorial City Mall and Energy Corridor. Less than two miles to Shadow Oaks Elementary, Spring Oaks Middle School and Spring Woods High School. Amazing new developments nearby: Hope City Church, Town and County Business Park, and a new winery!* This home has an enormous yard, an incredible outside shed or workshop, four full bedrooms and a setting in a neighborhood that offers both privacy and convenience. Come and take a look! *All directly from seller!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017