27237 Alexandra Springs 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 |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Jan 12, 2025 | In contract | - | |
| In contract | |||
| Dec 31, 2024 | Listed by RE/MAX The Woodlands & Spring | $399,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Nestled in the gated enclave of Whispering Oaks, this custom David Weekley home in Spring Trails boasts an open floor plan, high ceilings, and tile floors. The gourmet kitchen features stainless appliances, granite counters, and a large island. With 3 bedrooms plus a study (potential 4th bedroom), this home offers versatility. Enjoy the covered front and back porches, a sprawling backyard, sprinkler system, and detached 3-car garage. Spring Trails is a master-planned community, residents enjoy the use of many sports and recreational amenities including tennis courts, pools and parks. This community is part of the award winning Conroe Independent School District. New Water Heater and New Roof Oct 2024.
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| Nov 14, 2024 | No longer available | - | |
| No longer available | |||
| Sep 22, 2024 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017