4559 Spellman Road
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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.
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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 |
|---|---|---|---|
| Mar 21, 2022 | Sold | ||
| Sold | |||
| Feb 2, 2022 | Listed by BHGRE Gary Greene | $299,000 | |
| Listed by BHGRE Gary Greene | |||
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Take a personal tour of this lovely home with a mid-century vibe. Updated with open kitchen, quartz countertops, stylish bathrooms and refinished HW floors, just ot name a few. The backyard has a covered patio with outdoor TV and ceiling fan with an extension for relaxing around the firepit or entertaining. The corner lot is well sized and perfect for a pool or just to enjoy. Zoned to Red Elementary, one of HISD magnet program schools for math and science.
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| Jul 15, 2020 | Sold | ||
| Sold | |||
| Jun 9, 2020 | Listed by Walzel Properties | $270,000 | |
| Listed by Walzel Properties | |||
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**3D Walkthrough Available** This beautiful modern house is located in one of Houston’s most notable neighborhoods, Post Oak Manor. Immediately adjacent to Houston’s inner loop with easy access to The Medical Center, NRG Stadium, Greenway Plaza, and The Galleria! This 1,290 sqft home is complete with upgrades! Kitchen features an open layout with updated cabinetry, updated KitchenAid stainless appliances, quartz counters, and built-in lighted pantry with pull out drawers. The Master Bedroom includes a new custom California Closets and all bathrooms have been completed renovated and designed to maximize its space. Newly stained Hardwood flooring throughout! 8,446 sq. ft. corner lot features a 30 ft wood patio space that includes a large ceiling fan and custom outdoor TV cover. Ask your agent for a complete list of upgrades. ***Home has no history of flooding***
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017