3026 Spring Ranch Lane
About This Property
This home also has a practical layout with master suite on one side and three bedrooms and guest bath in the other side. Just minutes from 2920, I45, & HW99. Zoned to Klein ISD!
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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 1, 2023 | Sold | ||
| Sold | |||
| May 23, 2023 | Listed by ListWithFreedom.com | $295,000 | |
| Listed by ListWithFreedom.com | |||
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One-story ranch-style home with beautiful tile flooring, quartz and granite countertops, and fresh paint. This home boasts TONS of updates & remodel of most of the house since 2018. Tile floor throughout entire home that accents the neutral-colored paint (2021). The gourmet kitchen has drop-in sinks, quartz countertops and new refrigerator (2018) and dishwasher (2019). Main bathroom has granite countertops, new cabinetry, and a tiled garden tub and shower (2021). Complete replacement of A/C and ducts (2018). Recently replaced roof and water heater (2019). Replaced front wooden door (2022). Guest bathroom is upgraded with new toilet (2022) and faucet (2023).
This home also has a practical layout with master suite on one side and three bedrooms and guest bath in the other side. Just minutes from 2920, I45, & HW99. Zoned to Klein ISD!
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About Middlecoff
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017