3554 Spears 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 |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Listed by Richmond Realty Group | $185,000 | |
| Listed by Richmond Realty Group | |||
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Nestled just a short distance from the vibrant heart of downtown Houston, this charming one-story MOVE-IN READY home offers the perfect blend of comfort and convenience! As you step inside, you will be greeted with an open concept layout, neutral paint, and natural light galore! The focal point of the living room is a brick gas fireplace, creating a warm and inviting atmosphere. Seamless movement throughout the living room, dining room, kitchen & den area. The kitchen is equipped with a refrigerator, granite counters, gas range & beautiful wood cabinetry. The home is equipped with 3 bedrooms and a full bathroom PLUS a versatile flex space with a bathroom that provides additional space to cater to your lifestyle needs. The spacious backyard has ample space for entertaining and hanging out with the bonus of a storage shed for all your gardening tools and outdoor equipment. Schedule to private showing today! Sellers added onto the house, extra sqft is NOT included in Appraisal District.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017