27644 Spring Hill Road
About This Property
Listed By
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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 |
|---|---|---|---|
| Nov 4, 2026 | Listed by Better Homes and Gardens Real Estate Gary Greene - Cypress | $739,900 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Cypress | |||
| Oct 6, 2026 | Price Decreased |
$739,900
↓ $50K
(6.3%) | |
| Price Decreased | |||
| Sep 24, 2026 | Listed by Better Homes and Gardens Real Estate Gary Greene - Cypress | $790,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Cypress | |||
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Wide-open views, peaceful country living, and a shop that can handle it all! Set on approximately 2.5 beautifully maintained acres in Waller County, this property offers space, privacy, and flexibility. Enjoy gorgeous countryside views from the back porch, where quiet mornings and relaxing evenings come naturally. The 30x60 shop/garage offers 200-amp electrical service, a dedicated office, restroom, and multiple roll-up doors. Perfect for a workshop, business, equipment, recreational vehicles, or hobbies. The craftsman-style home features spacious living areas, soaring ceilings, engineered wood flooring, and a desirable split floor plan. The primary suite includes an updated luxury shower. Recent improvements include a new water heater, new gutters, and a new entry gate. The fully fenced property includes paved drives, a sprinkler system, underground utilities, and room for horses. Savor the peaceful country setting while staying close to Hwy 290 and everyday conveniences.
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| Mar 1, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017