24911 Spring Ash Lane
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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 |
|---|---|---|---|
| Jan 5, 2026 | Sold | ||
| Sold | |||
| Dec 7, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Listed by RE/MAX Cinco Ranch | $325,000 | |
| Listed by RE/MAX Cinco Ranch | |||
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Meticulous home (NO SHARED WALL) located in the vibrant sought after GATED 55+ACTIVE LIVING COMMUNITY of HERITAGE GRAND in AWARD WINNING CINCO RANCH. Some of the many wonderful features include WHOLE HOME GENERATOR w TRANSFERABLE WARRANTY for peace of mind, ROOF2019, light & bright, wood plantation shutters throughout, luxury vinyl wood look flooring for easy maintenance, NO CARPET AT ALL, spacious kit w gas cooking, microwave w convection bake, air fryer & steam bake & walkin pantry, neutral paint, large utility room w builtin shelving, spotless garage w epoxy flooring & recessed lighting, inviting covered patio overlooking beautiful landscaping & more. HOA fees cover conveniences like exterior painting, front door refinishing, sprinkler repairs, front yard care (w option for backyard) & discounted cable & internet. Neighborhood amenities range from pickleball, mini golf, heated pool, fitness center, table game groups, shuffleboard, library & craft rooms. LOW TAX $2.20 NEVER FLOODED!!
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| Aug 22, 2023 | Sold | ||
| Sold | |||
| Jul 26, 2023 | Listed by RE/MAX Cinco Ranch | $345,000 | |
| Listed by RE/MAX Cinco Ranch | |||
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PRISTINELY UPDATED WITH A GENERAC GENERATOR! Highly sought after HERITAGE GRAND (55+ Community) highlights a well maintained updated one story 2 BR, 2 BTH. High ceilings, tile & luxury vinyl plank flooring throughout; no carpet. Kitchen features granite counters, SS appls, 5-burner gas range, walk-in pantry. Spacious Primary overlooks beautifully landscaped back garden, en-suite bath (dual granite vanities, tile walk-in shower w/bench seating, jetted tub) & walk-in closet. Large Utility with built-in cabinets. Spacious Secondary Bedroom w/large walk-in closet. Relaxing back porch, lush lawn & mature trees. HOA fee includes mowing front & regular mulching, basic cable, sprinklers, alarm monitoring, ext. painting every 9 years & staining front door every 3 yrs upon request. Community Center w/exercise facility, Pickle Ball/activity services, POOL/SPA & all of the regular Cinco Ranch amenity services. ADA. Sprinklers. UV Light system for HVAC.Low maint.ADULTS ONLY.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017