18623 Spinney Lane 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 |
|---|---|---|---|
| Mar 14, 2022 | Sold | ||
| Sold | |||
| Jan 10, 2022 | Listed by M&M Realty | $225,000 | |
| Listed by M&M Realty | |||
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Nestled in Cypress Texas with highly rated CyFair schools, this 3 Bedroom W/ 2 Full Bathroom Ranch Home Is Immaculate & Full Of Upgrades! The Open Floor Plan with high Ceilings is upgraded and modernized to your liking. The home boasts all new flooring, freshly painted interior & Exterior, remodeled kitchen with gray cabinets, Quartz countertop and backsplash, Bathrooms with new granite vanity and tiles, and new appliances. Enjoy the covered backyard for family entertainment. Come see it for yourself and make it yours!!!
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| Sep 28, 2021 | Sold | ||
| Sold | |||
| Aug 26, 2021 | Listed by Wynne Real Estate, LLC | $140,000 | |
| Listed by Wynne Real Estate, LLC | |||
| | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017