2314 Spalding Road
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 |
|---|---|---|---|
| Oct 25, 2023 | No longer available | - | |
| No longer available | |||
| Oct 4, 2023 | Price Decreased |
$190,000
↓ $9K
(4.5%) | |
| Price Decreased | |||
| Aug 15, 2023 | Price Decreased |
$199,000
↓ $11K
(5.2%) | |
| Price Decreased | |||
| Jul 29, 2023 | Listed by TLF PROPERTIES INC | $210,000 | |
| Listed by TLF PROPERTIES INC | |||
| | |||
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What an incredible opportunity to own a piece of Texas! This property is situated on a hill with beautiful views across Grayson County. The back porch and yard offer a great place to sip your morning coffee and watch the sunrise. The backyard has a six-foot chainlink fence. Inside the house, there is an open split bedroom style, with 3 bedrooms, 2 bathrooms, and a second living-family-game room. The manager has listed the unit size as 1456 square feet.
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| Sep 30, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017