6030 Spruce Forest Drive
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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 |
|---|---|---|---|
| Aug 28, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2023 | Listed by Coldwell Banker Realty | $455,000 | |
| Listed by Coldwell Banker Realty | |||
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Unbelievable opportunity in 77092 - a stunning half acre lot (24,575 sq ft lot) in Houston's beautiful, deed restricted Forest West neighborhood. This incredible lot, nestled in the center of the neighborhood, is highlighted by a beautifully maintained and spacious home which has the mechanical updates buyers want to see such as HVAC, roof, water heater and Pex plumbing. Ready for your paint colors and flooring choices, this 1966 brick rancher will delight every buyer who walks through the door! Gorgeous fireplace, oversized baths creating so many options for updating, at least 7 walk in closets, and perfectly located for commuters. French drains in the backyard; sprinkler system in the front yard. Do not miss this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017