4929 Spring Terrace Lane
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 |
|---|---|---|---|
| Nov 14, 2023 | Sold | ||
| Sold | |||
| Aug 28, 2023 | Listed by Connect Realty | $295,500 | |
| Listed by Connect Realty | |||
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Welcome to tranquility and charm all wrapped up in this cozy three bedroom home nestled in Rosharon, Texas - Alvin area (Lakes of Savannah). Ultra-modern updates, recently constructed 2019. Comfortable, versatile living space, with amenities, nice front yard. Abundant natural light, delightful den, transformative living / study concept is also available. Huge master suite. Multiple bathrooms with granite countertops. The chef preparation area features an island or bar area in close proximity of a window with ample cabinet space and stainless steel appliances. Home has smart and energy efficient features, double panel windows, tankless water heater. The backyard oasis has many possibilities for entertaining and creativity. Convenient subdivision area pool and a walking and biking trail and easy commute or access to freeways and tollways as well as shopping centers, fine dining, schools and to Pearland medical facilities and Houston's world renown medical center.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017