1706 Springwood Drive
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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 |
|---|---|---|---|
| Apr 28, 2023 | Sold | ||
| Sold | |||
| Jan 6, 2023 | Listed by Natalie Glass Properties | $1,999,000 | |
| Listed by Natalie Glass Properties | |||
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Amazing New Construction in Spring Valley area. Sprawling lot allowing for side by side 3 car garage. This home features high ceilings, large island kitchen open to spacious family room with sliding door and fireplace. Dining room next to kitchen with built in bar and wine storage. Primary bedroom with luxurious bath offering 2 story ceilings, dual shower heads and dream closet (22x14). There is another bedroom with full bath down on opposite side of home. Mud area and spacious laundry room on 1st floor. Second floor features 3 bedrooms, 3 baths, large game room with wet bar and media room or flex space. Secondary laundry upstairs. Upgrades in home include sand and finish wood floors, quartz/quartzite counters, beautiful tile and lighting. Covered patio. Zoned to Valley Oaks, Spring Branch Middle and and Memorial High. Home is built to EFL standards and builder offers 2-10 warranty.
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| Mar 18, 2021 | Sold | ||
| Sold | |||
| Feb 8, 2021 | Listed by Tammy Bateman Properties | $625,000 | |
| Listed by Tammy Bateman Properties | |||
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This single-story 3-bedroom, 2-bath home sits on an 11,400sf lot with a gorgeous climbing oak tree out front. It has two living areas, and an eat-in kitchen. The primary bedroom has plenty of room for a sitting area or home office, with large closets in all bedrooms. The large backyard has room to build an outdoor space that you'll never want to leave. Reside in sought-after Springwood neighborhood zoned to highly acclaimed Spring Branch ISD schools. Easy access to Downtown, Galleria, Memorial City, and central to both major airports! Schedule your appointment today!
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About Northwest Houston
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Last Updated: 4 months ago
Data Source: HAR , MLS# 89849516
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Address: 335 Madison Avenue, New York, NY 10017