18619 Spellman Ridge 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.
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 |
|---|---|---|---|
| Mar 22, 2022 | Sold | ||
| Sold | |||
| Jan 14, 2022 | Listed by RE/MAX The Woodlands & Spring | $699,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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STUNNING and VERSATILE 1.5 Story pool home with THREE Bedrooms DOWN & 1 Bedroom / Gameroom with an Ensuite Bath, Walk-In Closet & Door to Balcony with View of the Lake. The Media Room is VERY PRIVATE...Perfect for Watching Sports Games & Movies, Chef's Gourmet Kitchen offers SS Electrolux Appliances Including a Gas Cook Top with 6 Burners, Pot-Filler, DBL Convection Ovens, 42-Inch Cabinets, Under Cabinet Lighting, Granite Countertops, Walk-In Pantry, an LG Island, And Breakfast Bar. Master Suite Boasts Wood Floors w/Wall of Windows, Two BR'S Down With a Hollywood Bath. Beautifully Landscaped Backyard Paradise With a 6-Month old huge pool/spa, very private & NO REAR NEIGHBORS. The Extended Covered Patio is Enormas & Hosts an Outdoor Kitchen With Grill, Storage & Granite Countertop. GATED Section of Master Planned Community with Several Pools, Parks and Walking Trails..Close to the Grand Parkway & 249, Many Restaurants/Shopping Nearby...Minutes From Downtown Tomball.
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| Sep 4, 2020 | Sold | ||
| Sold | |||
| Mar 14, 2020 | Listed by Messina Properties | $522,900 | |
| Listed by Messina Properties | |||
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STUNNING and VERSATILE 1.5 Story with THREE Bedrooms DOWN & 1 Bedroom UP being used as a Guest/Second Master Suite (Could also be a Game Room) with an Ensuite Bath, Walk-In Closet & Door to Balcony with View of the Lake. The Media Room is VERY PRIVATE...Perfect for Watching Sports Games & Movies! Chef's Gourmet Kitchen offers SS Electrolux Appliances including a Gas Cook Top with 6 Burners, Pot-Filler, DBL Convection Ovens, 42-Inch Cabinets, Under Cabinet Lighting, Granite Countertops, Walk-In Pantry, a LG Island AND a Breakfast Bar! Master Suite boasts Wood Floors w/Wall of Windows overlooking the Beautifully Landscaped Backyard. TWO Secondary Bedrooms DOWN share a Hollywood Bath. The Extended Covered Patio is Approx. 540 SF (20 x 27) & Hosts an Outdoor Kitchen with Grill, Storage & Granite Countertop. Garage Cabs & Workbench STAY! GATED Section of Master Planned Community...Close to 99 & 249 with Many Restaurants/Shopping Nearby...Minutes from Downtown Tomball Where Fun Happens!
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017