6006 Spring Creek Grove Lane
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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%.
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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 |
|---|---|---|---|
| Aug 13, 2024 | Sold | ||
| Sold | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Elite Texas Properties | $535,000 | |
| Listed by Elite Texas Properties | |||
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Sprawling 1 Story home in Spring Creek Oaks was the Builder's personal home! Custom touches throughout including high ceilings, custom millwork, large walk-in closets, and lots of soaring windows to enjoy views of the outdoors. The kitchen has granite counters, large breakfast bar, double ovens and Thermador gas cooktop. Three of the four bedrooms have private baths. Large, covered patio with summer kitchen overlooks the sparkling pool and hot tub which has pebble-tec finish, water features and special lighting. The summer kitchen has granite counters and S/S grill. There's a private gate that leads to greenbelt trails. 3+ car garage has living quarters, with full bath, above it. Great location offers easy access to shopping, medical facilities, schools and restaurants.
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| Apr 7, 2020 | Sold | ||
| Sold | |||
| Jun 8, 2019 | Listed by Segue Real Estate Group | $429,500 | |
| Listed by Segue Real Estate Group | |||
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RARE 1 story custom home in sought-after Spring Creek Oaks! This custom home was the builder's personal house! It is full of custom touches inside and out! Inside you will find extra high ceilings, custom milled wood work in practically every room, built-ins, and a large wall of windows that over-looks the back yard oasis. The kitchen has granite counter tops, large breakfast bar, double ovens, and recently installed Thermador gas cook top. Three of the four bedrooms have their own private bathroom. Out back, you will be met by an amazing outdoor living area! It includes a huge covered patio with wood plank ceiling, outdoor kitchen with granite counter top and stainless steel grill, custom swimming pool and hot tub coated with pebble-tec, extensive landscaping with water features, and lighting, private gate leading to greenbelt trails, and much more! Finally, you have to see the 3+ car garage and everything in and above it! **Kitchen repainted & master bath remodeled in December 2019!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017