2802 Verdant Spring Trail
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 23, 2023 | Sold | ||
| Sold | |||
| Sep 2, 2023 | Listed by Keller Williams Realty - Memor | $485,000 | |
| Listed by Keller Williams Realty - Memor | |||
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Beautifully executed design offers spacious floor plan where the open concept island kitchen takes center stage with high end granite and and an amazing breakfast bar! Convenient first floor living/kitchen/dining, study, primary suite, laundry and half bath. Head upstairs to find an abundance of additional living space...huge game room, media room (6 stadium seats, console, and tv stays), 5 additional bedrooms, 2 bathrooms and a study nook! Garage attic space is mostly floored to provide additional storage space. Generous storage throughout and lots of little details that make a home feel extra special! All this on an over-sized lot in the beautiful community of Morton Creek Ranch and zoned to coveted Katy ISD!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017