5811 Spring River Lane
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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.
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 |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | Listed by RE/MAX Grand | $750,000 | |
| Listed by RE/MAX Grand | |||
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Stunning 2-story Trendmaker home on premium >1/4ac corner & cul-de-sac lot in the Master Planned Cross Creek Ranch. Boasts newly-fenced resort-style backyard w/TX-sized covered patio & heated in-ground pool & spa! Covered front porch welcomes you to grand foyer w/soaring 2-story ceilings, executive study behind French doors, & elegant formal dining w/wine nook. Spacious family room w/updated fireplace, open to Chef's eat-in island kitchen; boasting new quartz counters & modern SS appliances. Primary Suite downstairs w/sitting area, dual walk-in closets, & spa-like en-suite bath; complete w/dual sinks, new jetted tub & standing shower. 3 beds & 2 full baths (1 Hollywood) upstairs, + extended game room w/skylight & built-in desk niches. Also features new waterproof vinyl plank flooring, fresh paint, hidden storage room, new landscaping, in-ground lawn sprinkler, & 3-car garage. 1mi to world-class amenities including pool, clubhouse, & fitness center. Zoned to legendary Katy ISD schools.
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| Apr 26, 2021 | Sold | ||
| Sold | |||
| Mar 18, 2021 | Listed by RE/MAX Cinco Ranch | $540,000 | |
| Listed by RE/MAX Cinco Ranch | |||
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OPEN HOUSE CANCELED.Where should we begin?? How about the OVERSIZED 3 CAR GARAGE that measures 29 x 29 sf?! Or the SPARKLING POOL & SPA w/ adjoining breezy PERGOLA?! Or the fabulous CORNER LOT?! An lets not forget the MASSIVE GAMEROOM upstairs?! There is so much to love in this 4 BR/ 3.5 BA Trendmaker home located in the naturally beautiful community of Cross Creek Ranch! Interior boasts rich wood floors, private Study and elegant Formal Dining with crown molding. Cozy Living Room w gaslog fireplace. Granite Island Kitchen with walk in pantry. Spacious Primary Bedroom suite with spa like bath featuring jetted tub and large shower + dressing mirror & dual closets with Trendmaker's signature built ins (fantastic!). 3 bedrooms Up + a huge game room that is ready for family fun! Incredibly well maintained home - Replaced both AC units in 2018 & 50 gal water heater 2020. New carpet in Primary BR 2021. Porte Cochere. Sprinklers! Award winning Katy ISD SCHOOLS. Dont miss the 3D TOUR ONLINE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017