3311 Spring Valley Road
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Aug 6, 2021 | Sold | ||
| Sold | |||
| Jun 22, 2021 | Listed by Champions Real Estate Group | $349,900 | |
| Listed by Champions Real Estate Group | |||
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This amazing 1-story 4 bedroom house is located in a great, quiet, desirable neighborhood in the Spring Branch area. A well-maintained home that has been fully remodeled (New roof, luxury vinyl flooring throughout, new kitchen, new appliances (gas stove, range hood, microwave, etc.), new paint, new backyard fence, new carpet in bedrooms, new bathrooms, new fixtures throughout, new electrical, and the list goes on. The home has plenty of natural light. Additionally, you have the opportunity to create a backyard oasis. Again, fantastic value for being close to Beltway 8 and I-10 are for shopping and conveniences. No HOA and low tax rate. It did not flood. A must see home and it will not last! It's a MUST SEE! Come and See!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017