25827 Clear Springs Way
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 |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Dec 28, 2024 | In contract | - | |
| In contract | |||
| Dec 9, 2024 | Listed by RE/MAX Integrity | $399,000 | |
| Listed by RE/MAX Integrity | |||
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Truly a Rare Find! The quintessential expression of Modern Elegance, Stunning 2-story home with Amazing Upgrades, Soaring High-Ceilings, Large Closets, 2-car garage with X-Large Work area and an Outdoor Patio for Entertainment conveniently located in a gated community. Enjoy the open concept with the Master bedroom down, Huge Game Room and three bedrooms upstairs. The driveway is long and extra wide for multiple vehicle parking. Spring Lakes is an ideal neighborhood with lakes, walking trails, tennis courts, and neighborhood swimming area... conveniently located between I-45 and the Hardy Toll Rd and a short drive to the Woodlands mall.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017