28523 Spiceberry Drive
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%.
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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 |
|---|---|---|---|
| Jan 21, 2021 | Listed by RE/MAX Cinco Ranch | $400,000 | |
| Listed by RE/MAX Cinco Ranch | |||
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Charming one story Perry home. Fully bricked with stone elevation. Grand foyer with custom faux paint. Private study with French doors and wood floors. Hallways with pocket doors added. All rooms in the home have been painted. Chair rails in two of the bedrooms and dining room. Kitchen includes: custom wood 42 in cabinets/hardware, added recess lighting, and walk in pantry w/spice rack. Formal dining room with faux painting and wood floors. HUGE master bedroom and closet! Master bath has been redone and includes new shower, granite counters, new tile flooring, and framed mirror. Cabinetry added to the large utility room and all bathrooms, allowing extra storage. Custom patio with wood ceilings, ceiling fans, and outdoor kitchen. Beautiful pool/hot tub added last year! 3 car tandem garage with decked attic added. New fence 2020. Roof replaced 2016. Home has been well maintained. Zoned to KISD. Walking distance to Wolman Elementary.
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About Fort Bend
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017