611 Peach Spring 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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by eXp Realty LLC | $262,900 | |
| Listed by eXp Realty LLC | |||
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Come see this recently renovated home near Downtown Houston in North Houston! Updated with PEX plumbing, new A/C condenser, electrical paneling, generator connection, modern kitchen, flooring, paint, and bathrooms. Three bedrooms plus flex space that can be used as an office suite, bedroom, extra family room, plus a big backyard with covered patio for BBQ and family gatherings! NO HOA, NO MUD Taxes, No Flooding. Easy access to I45, Hardy Toll Road, and Beltway 8. Get a taste of suburban living, not too far from the city!
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| May 1, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017