2606 Spence Street
About This Property
Ideal for entertaining, the sleek chef's kitchen is open & large w/shaker-style cabinets, stone countertops, an island & a suite of premium stainless steel appliances. From here, you can overlook the living and dining area or move outside to the large covered deck & host guests as you admire the fenced yard. Four bedrooms & 2.5 bathrms provide room for everyone to spread out & relax ceiling fans throughout, downlights, on-trend flooring & modern fixtures.
Close to Hwy 59, 45 and 610. For those who commute, you're only 10 mins (approx.) from the center of Houston. Many upgrades!
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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 |
|---|---|---|---|
| May 3, 2022 | Sold | ||
| Sold | |||
| Jan 28, 2022 | Listed by RE/MAX Real Estate Assoc. | $319,999 | |
| Listed by RE/MAX Real Estate Assoc. | |||
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Move in & make yourself at home in this charming and stylish abode offering absolute comfort. Ample natural light floods the spacious floorplan w/an open-concept design, soft color tones & contemporary touches throughout.
Ideal for entertaining, the sleek chef’s kitchen is open & large w/shaker-style cabinets, stone countertops, an island & a suite of premium stainless steel appliances. From here, you can overlook the living and dining area or move outside to the large covered deck & host guests as you admire the fenced yard. Four bedrooms & 2.5 bathrms provide room for everyone to spread out & relax ceiling fans throughout, downlights, on-trend flooring & modern fixtures.
Close to Hwy 59, 45 and 610. For those who commute, you're only 10 mins (approx.) from the center of Houston. Many upgrades!
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| May 18, 2021 | Sold | ||
| Sold | |||
| Mar 24, 2021 | Listed by Knock Realty, LLC | $305,000 | |
| Listed by Knock Realty, LLC | |||
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Don't miss out on this fully fenced, new construction home with four large bedrooms containing walk-in closets and 2.5 bathrooms! Minutes from downtown, Galleria area, I-45, The Heights, and more! Open concept living/kitchen/dining will NOT disappoint! Entertain in your chef's kitchen with an oversized island that offers even more seating opportunities! Waterproof, vinyl plank flooring throughout the home with designer, patterned tile in the half bathroom and laundry room. After a long day, retreat to your primary bedroom with a beautiful tray ceiling, sliding barn door that leads into the relaxing, en suite bathroom, and french doors that open to a 30' x 7' covered patio! This home has too many upgrades to list (including security cameras)! Call for an appointment today!! This won't last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017