16492 Spring Rain Court
About This Property
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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%.
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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.
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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 29, 2022 | Sold | ||
| Sold | |||
| Feb 17, 2022 | Listed by HomeSmart | $159,000 | |
| Listed by HomeSmart | |||
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Established neighborhood surrounded by mature trees and large green areas. Zoned to an exemplary ISD!
Children's park and basketball courts.
Rare 4/2 Home located in Lone Star Ranch 04. Garage converted into 4th bedroom w/direct AC/Heat. Spacious Living Room has a brand new laminate wood-look floor Carpet in bedrooms and paint throughout is fairly new!
The A/C Unit was replaced in 2016.
The kitchen is equipped with stainless steel appliances, fairly new Quartz counter tops, which are also in both bathrooms! Primary bathroom also has a brand new bear-claw soaking tub installed in 2022!
Additionally, there is fairly new roof to add to the many updates given to this home. Outside you will find a new porch that adds just the right touch to the backyard on this spacious lot - fully fenced with double side gate/entrances.
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| Oct 26, 2020 | Sold | ||
| Sold | |||
| Sep 11, 2020 | Listed by Elite Texas Properties | $120,000 | |
| Listed by Elite Texas Properties | |||
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Updated Home ready for move in located in Lone Star Ranch! This cozy 3 bedroom 2 bath home has new carpet and new paint thru out. The kitchen is equipped with stainless steel appliances, new Quartz countertops and new light fixtures. In the bathrooms you will also notice the quartz countertops and new light fixtures. The AC was replaced in 2016 and comes with a transferrable warranty. Additionally, there is brand new roof to add to the many updates given to this home. Outside you will find a brand new back porch that adds just the right touch to the backyard on this spacious lot. Come take a look today!
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About Lone Star Ranch
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Last Updated: 5 months ago
Data Source: HAR , MLS# 82134943
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017