23911 Spring Way 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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 10, 2024 | In contract | - | |
| In contract | |||
| May 2, 2024 | No longer available | - | |
| No longer available | |||
| May 1, 2024 | Listed by World Wide Realty,LLC | $289,900 | |
| Listed by World Wide Realty,LLC | |||
| | |||
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This newly remodeled home in the established North Spring community will surely impress its new owner. The single story 3-2-2 house with formal dinning, formal living, family room and DUO fireplace. Updates including: New roof 2022, modern toned fresh paint interior, durable luxury vinyl plank flooring, brand new carpet in bedrooms, plantation shutter on all windows, all new light fixtures and sprinkler system. Updated duo master shower with frameless glass door. High quality epoxy in garage and front porch. Huge backyard make it ideal for a future pool or any outdoor features and activities. Great location with easy access to all major freeways, IAH airport, Woodlands and all major retails. Call to schedule your private touring today!
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| Mar 28, 2024 | Relisted | $299,500 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017