23606 Sitka Spruce Drive
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 |
|---|---|---|---|
| Jul 8, 2022 | Sold | ||
| Sold | |||
| May 28, 2022 | Listed by REALM Real Estate Professional | $489,000 | |
| Listed by REALM Real Estate Professional | |||
| | |||
| Apr 27, 2021 | Sold | ||
| Sold | |||
| Jan 18, 2021 | Listed by Long Lake LTD | $421,990 | |
| Listed by Long Lake LTD | |||
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This amazing Briarwood Home in the desirable community of Morton Creek Ranch is exactly what you’ve been searching for. Nestled on a spacious lot, this 4-sided brick property features a premium elevation, tile flooring, wrought iron spindles, faux wood blinds, a fireplace with a cast stone surround, study with French doors, and a media room with 7.1 surround sound prewire. Equipped with granite countertops, a designer tile backsplash, 42” cabinets, and stainless steel appliances. Commuters love the proximity to I-10 and the Grand Parkway. Delve into premier shopping, dining, and entertainment at Katy Mills Mall and LaCenterra at Cinco Ranch. Students attend the nationally recognized Katy Independent School District. Don’t miss out on this home – call today!
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| Sep 11, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017