424 Spruce Trail
About This Property
All information deemed reliable. Responsibility of buyer or buyers agent to verify all information, including taxes, schools and sq footage.
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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 |
|---|---|---|---|
| May 20, 2022 | Sold | ||
| Sold | |||
| Apr 19, 2022 | Listed by Coldwell Banker Apex, REALTORS | $334,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Beautiful move in ready 4 bedroom home in Trails of Chestnut Meadows. Huge open floor plan with two dining areas, oversized counter top, fresh designer paint, luxury vinyl plank flooring, split bedrooms and separate built in work space perfect for office or kid's homework station. Spacious master bedroom with ensuite bath that includes separate sinks, large garden tub, separate shower and huge walk in closet. Enjoy the large fenced backyard for children and kids to play. No MUD taxes and HOA provides beautiful pool, park and walking trails on a pretty greenbelt in the heart of Forney. Acclaimed Forney ISD schools within walking distance and so much more. Roof replaced within 2 years along with gas water heater. Dishwasher and microwave replaced in 2020. This house offers it all with great curb appeal to top it off.
TITLE HAS BEEN OPENED AT HUDSON TITLE GROUP IN ROCKWALL
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| Jun 28, 2021 | Sold | ||
| Sold | |||
| May 26, 2021 | Listed by Nicholson Premier Realty | $299,900 | |
| Listed by Nicholson Premier Realty | |||
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HIGHEST AND BEST due by 10pm on Saturday, May 29. Immaculate 4 Bedroom, 2 Bathroom home in Trails of Chestnut Meadows. Great open floor plan with large kitchen, living room and dining room. Built in work space that is perfect for homework. Spacious master suite that includes separate tub and shower with a huge walk-in closet. Roof replaced within past month, Luxury vinyl plank throughout home with vinyl in bathrooms. Updated microwave, dishwasher and refrigerator to stay with accepted offer. So many extras. Do not wait.
All information deemed reliable. Responsibility of buyer or buyers agent to verify all information, including taxes, schools and sq footage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017