178 E Spindle Tree Circle
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%.
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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.
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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Aug 9, 2024 | Listed by RE/MAX The Woodlands & Spring | $499,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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This elegant Plantation home in The Woodlands, offers privacy with no neighbors behind. Featuring 4 bedrooms, 2.5 baths, and a mahogany front door that opens to a stunning two-story entry with a wood-metal spindle staircase. The home includes a dining room for family and friend gatherings. The island kitchen boasts solid wood cabinets, quartz countertops, SS appliances, and porcelain tile flooring, with a breakfast area featuring shutter windows for a view outside. The open living room has a corner fireplace and a wall of picture windows overlooking the serene backyard. The spacious primary bedroom with ensuite bath offers a double vanity, soaking tub, frameless shower, and walk-in closet. Upstairs, a generous-sized gameroom and spacious secondary bedrooms provide ample space. The home also features a 2-car garage and a covered back patio with a fountain and plenty of green space, perfect lot for a pool.
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017