27515 Middlesprings Lane
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 |
|---|---|---|---|
| Oct 16, 2023 | Sold | ||
| Sold | |||
| Jul 20, 2023 | Listed by Coldwell Banker Realty | $608,000 | |
| Listed by Coldwell Banker Realty | |||
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WOW! Welcome home to this 5 bedroom/4 bath/3 car garage Village home in the heart of Cinco Ranch! A canopy of trees greet you home and soaring ceilings and rich wood floors sweep you in! Fresh paint! This well maintained home features 2 bedrooms down, a study, formal dining, game room, media, bonus room and more! The island kitchen features fresh cabinets, SS appliances, 42" cabinets and is open to the family room with built-ins and a cozy fireplace! Private, spacious owner's retreat with dual sinks, vanity area, jetted tub and walk-in closet! Lots of storage! Great secondary bedrooms! Lots of room to live and entertain! Relax in the backyard with extended patio with pergola. Sprinkler system! Award winning Katy ISD schools! Great Cinco Ranch amenities! Close to shopping, restaurants and more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017