131 Ellis Spring Drive
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 |
|---|---|---|---|
| Mar 2, 2023 | Sold | ||
| Sold | |||
| Jan 27, 2023 | Listed by CENTURY 21 JUDGE FITE COMPANY | $585,000 | |
| Listed by CENTURY 21 JUDGE FITE COMPANY | |||
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Don't miss this opportunity to get into desirable Ellis Creek Ranch with SO MANY EXTRAS already in place! This immaculately cared for 3 bed, 2.5 bath beauty offers open concept living boasting spacious room, tray ceilings, wood burning fireplace, and PLANTATION SHUTTERS. Substantial kitchen with stainless appliances and granite has room for everyone to gather. The secondary bedrooms will not disappoint..no skimpy rooms here! Generous laundry room with room for a freezer. BONUS*- in back you will find a detached 28 x 12 man cave, game room, or possible mother in law suite with a full bath PLUS a 31 X 24 2 CAR HEATED AND COOLED GARAGE complete with an attached OUTDOOR LIVING area with a HUGE stone fireplace. Home is framed with beautiful landscaping, circle drive, established yard with sprinkler system in place, and very nice pipe and wire fencing with multiple gates. This beauty is move in ready! TOTAL square footage includes 2593 main house and 479 guest quarters-per appraiser.
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| Dec 3, 2020 | Sold | ||
| Sold | |||
| Sep 24, 2020 | Listed by TexasRealEstateSavings.com | $472,500 | |
| Listed by TexasRealEstateSavings.com | |||
| Aug 5, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017