18331 Spruce Tree Line Trail
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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 |
|---|---|---|---|
| Dec 4, 2023 | Sold | ||
| Sold | |||
| Sep 25, 2023 | Listed by Nan & Company PropertiesChristie's International R | $340,000 | |
| Listed by Nan & Company PropertiesChristie's International R | |||
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Welcome Home to Barkers Trail located in Katy! Enter thru the front door to be greeted by stone tiled flooring, rays of natural light, formal dining room, family room and high ceilings. Chefs kitchen comes complete with stone tiled flooring, granite countertops, with gas stove cooktop. Located on the second floor, the primary bedroom features rays of natural light, abundant space and soaring high ceilings. Retreat in the owners bathroom in your deep oval soaking tub, stand alone shower, dual vanities with walk in closet. The powder bathroom is located on the ground level while the second level features the secondary bedrooms with shared bathroom, soaring high ceilings and game room for the family to enjoy! Relax with a glass of wine in your private backyard and enjoy the luscious detailed landscaping. Schedule your private tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017