16807 Spruce Run 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 |
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| Jul 26, 2022 | Sold | ||
| Sold | |||
| Jun 27, 2022 | Listed by Compass RE Texas, LLC | $275,000 | |
| Listed by Compass RE Texas, LLC | |||
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Charming 3 bedroom, 2.5 bathroom home in Colony Creek Village. Open family room with cozy gas log fireplace and vaulted ceiling with wood beam. Spacious kitchen features a large island with breakfast bar, stainless steel appliances and glass door upper cabinets. The adjacent dining area is highlighted by a wall of built-in shelving and cabinets. Private first floor primary suite with double vanity, oversized frameless glass shower, soaking tub and a walk-in closet. Second floor game room is complete with a projector and projector screen. French doors in the kitchen lead to a screened in patio with ceiling fan. The large backyard features mature trees for plenty of shade. Community amenities include pool, tennis court, volleyball courts, clubhouse and playground.
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| Feb 19, 2021 | Sold | ||
| Sold | |||
| Jan 14, 2021 | Listed by CB&A, Realtors | $225,000 | |
| Listed by CB&A, Realtors | |||
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Welcome Home! This charming 3 BR 2.5 bath home on a great corner lot nestled among large mature oak trees in the well established neighborhood of Colony Creek Village showcases an open concept living area with vaulted ceiling, plenty of natural lighting, a gas log fireplace & dining accented with lit built-in shelving. The kitchen features a large island, stainless steel appliances, tile floors & tile backsplash. Upstairs you can watch your favorite show in the game room on the projector screen with a sound system! No carpet AND NO FLOODING! Nest thermostat, smoke & CO2 detectors. Fully fence backyard space is perfect for entertaining; a covered patio, a deck to soak up the sun, & a dedicated space for your furry friends to roam free & play. Community Clubhouse, pool, tennis, volleyball courts, playground. LOW TAX RATES! In highly acclaimed KLEIN ISD & minutes from VINTAGE PARK - your premier destination for business, shopping dining & entertainment!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017