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17123 Spindle Oaks 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 |
|---|---|---|---|
| Apr 7, 2026 | Listed by Real Broker, LLC | $149,990 | |
| Listed by Real Broker, LLC | |||
| Jan 18, 2024 | Sold | ||
| Sold | |||
| Jan 2, 2024 | In contract | - | |
| In contract | |||
| Aug 24, 2023 | Listed by Keller Williams Realty The Woodlands | $150,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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Tucked away in the serene Tall Timbers subdivision is an ideal corner lot, just waiting for your dream home to take shape. Spanning just over half an acre, this piece of land boasts clear grounds ready for construction, ensuring your imagination can run wild. Imagine crafting the residence you've always envisioned; whether it's a sprawling estate or a cozy sanctuary, this lot is the perfect canvas. While the property radiates tranquility, it's also incredibly well-connected. All the conveniences that 242 offers lie within a short distance – fine dining, H-E-B, and the vast aisles of Costco. Just minutes to 45, you're never too far from your desired destination. Remarkably low taxes and No MUD taxes. Everyone can appreciate the proximity to highly acclaimed elementary, middle, and high schools. I can recommend some builders or bring your own. I can help you through the permitting process to ensure a smooth journey from vision to reality.
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About Tall Timbers North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017