29807 Spring Terrace Drive
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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 |
|---|---|---|---|
| Dec 21, 2021 | Sold | ||
| Sold | |||
| Nov 26, 2021 | Listed by Keller Williams Woodlands | $270,000 | |
| Listed by Keller Williams Woodlands | |||
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Beautiful one story home located in the gated neighborhood of Spring Creek Pines with quick access to Grand Parkway/I-45/Hardy Toll making it a commuters dream! Great curb appeal welcomes you home to this 3 bedroom, 2 bathroom with a study and both formals. Must see upgrade list! This home offers extensive tile flooring, updated kitchen boasts granite/pull out shelving in cabinets/new cabinet doors&drawers. Light & Bright throughout with Low E windows & solar screens on the back windows overlooking the oversized backyard that is newly fenced with a composite deck perfect for entertaining!
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| Mar 14, 2019 | Sold | ||
| Sold | |||
| Feb 6, 2019 | Listed by RE/MAX The Woodlands & Spring | $230,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Gated neighborhood & quick access to Grand Parkway makes commuting a dream* Lovely one story with extensive tile flooring, an updated kitchen in '16 has granite, pull out shelving in cabinets, new cabinet doors & drawers, faucet, sink & disposal. Low E windows installed in '14. Roof '18, CA/CH & insulation in '18. Complete remodel of master bath in '18* See attached list of complete updates! Shady backyard setting features a composite deck added in '11 & an 8x12 Morgan building to hold your treasures. Solar screens on back of house* Sprinklers* NO FLOODING DURING HARVEY* This one is move in ready!
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About Spring Creek Pines
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Last Updated: 4 months ago
Data Source: HAR , MLS# 89881968
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Address: 335 Madison Avenue, New York, NY 10017