29723 Spring Forest 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 |
|---|---|---|---|
| Jul 25, 2023 | Sold | ||
| Sold | |||
| Jun 8, 2023 | Listed by eXp Realty, LLC | $285,000 | |
| Listed by eXp Realty, LLC | |||
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Rare find in Spring Forest Subdivision! This 1/2 Acre Home offers is completely remodeled and is conveniently located next to the 45 freeway - Minutes away from the woodlands, shopping centers and many other amenities! Find upgrades like wood-like Tile flooring, granite countertops, remodeled bathrooms, kitchen and much more! Did I forget to mention the BRAND NEW HVAC and Hot Water Heater?? This is a home that will not last long on the market with it's new price adjustment, be sure to view it fast!
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| Dec 17, 2021 | Sold | ||
| Sold | |||
| Nov 25, 2021 | Listed by HomeSmart Fine Properties | $299,999 | |
| Listed by HomeSmart Fine Properties | |||
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Location! Location Location!!!!! Here is the house you’ve all been waiting for. Fully remodel inside and out, 3-4 bedrooms and 2 1/2 bath home has it all. Open concept with wood like tile throughout (Great for allergy suffering and pets). High end stainless appliances 36” convection range with vent hood and soft close custom cabinets. His and her sink with oversized pressure body massage stand up shower. Tucked away amongst the tress this property is both private and spacious. Zoned to CISD schools, minutes to woodlands, I-45, Grand parkway, hardy, market street and downtown, toasted yolk, dunking donuts, tutti fruity just to name a few.
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| Aug 9, 2021 | Sold | ||
| Sold | |||
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About Montgomery
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Last Updated: 5 months ago
Data Source: HAR , MLS# 85184194
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017