18207 Spellbrook Drive
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%.
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 30, 2021 | Sold | ||
| Sold | |||
| Mar 30, 2021 | Listed by RE/MAX Cinco Ranch | $290,000 | |
| Listed by RE/MAX Cinco Ranch | |||
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Gorgeous updated home is full of charm and ready for quick move-in! Just steps away from a beautiful walking trail, huge trees, work out station, greenspace, plus fun community amenities like tennis and basketball courts, a rec center w/pool, and playground. Come inside to a warm, welcoming and beautifully cared for home with engineered wood floors throughout most of the home, big beautiful windows, fresh interior paint plus an exhaustive list of other updates made recently to the home. The spacious open kitchen offers lots of cabinet and counterspace, an oversize pantry plus another oversize storage room in the laundry room. The incredible primary bedroom and bath are downstairs and the other clean spacious bedrooms w/fans and oversize closets w/lights are upstairs along with the gameroom. The study, the backyard, it's seriously stunning. And the garage is very cool too. Make your appointment to see this home today....I think you will love it immediately!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017