22607 Shallow Spring Court
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 |
|---|---|---|---|
| Sep 6, 2022 | Sold | ||
| Sold | |||
| Jul 26, 2022 | Listed by RE/MAX Grand | $512,000 | |
| Listed by RE/MAX Grand | |||
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Beautiful Trendmaker home in the heart of Grand Lakes on quiet cul-de-sac street. Excellent location. Enjoy a very nice and paradise backyard, beautiful landscaping & private pool/spa, sprinkler system. Natural light throughout. Ceiling fans. Tile flooring and carpet. Master bedroom with a view of the back yard. Master bath w/his and hers closet. New A/C units. Oversize three car garage. KatyISD Acclaimed Schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017