3306 Spring Trail 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 |
|---|---|---|---|
| May 20, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by M&B Property Group | $588,000 | |
| Listed by M&B Property Group | |||
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Immaculate home ready for immediate move in. Great floor plan for families and entertaining with the kitchen open to family room. Remodeled kitchen in 2019 with all new backsplash, counters and appliances and paint. Brand new refrigerator included along with w/d. 4 bedrooms and 3/1 bathrooms with a game room upstairs and brand new addition for a flex/playroom off the game room. Whole house was repainted recently minus the office. Brand new carpet 11/21, new roof 11/21, and mosquito system 2018. No back neighbors, home backs to levy allowing privacy, walks & fabulous sunsets or quiet relaxing in the pool. Tesla charger added 2/22, driveway gate is a huge plus for safety. Come and enjoy the covered patio and pool with waterfall just in time for summer! Safety fence for pool included! Walk to the schools and all the great amenities Sugar Land has to offer. Showings start 4/21. Offer deadline Monday 4/25 5pm
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About Austin Meadows
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017