6702 Spray 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 17, 2023 | Sold | ||
| Sold | |||
| Jun 22, 2023 | Listed by Keller Williams Hou Preferred | $399,000 | |
| Listed by Keller Williams Hou Preferred | |||
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For all of the Waterski fanatics this is your dream home! This 4 bedroom 3 full bath home features a three car attached garage, carport and a separate 4 car garage with the best WATERFRONT views. At almost an acre, this lot sits on a 17 acre fresh water Water Ski Lake located in Ski Texas Subdivision. If you’re into cars, this place has everything you need. The detached 4 car garage has a car lift, 2 upstairs offices and has air conditioning and heating. This is a man cave dream! In the back you will find 2 spacious decks to sit and enjoy the views and a boat house equipped with a boat lift. The split floor plan has two bedrooms on the first floor and two primary rooms, each with a full bath, on the second floor. You will love cooking in your kitchen that overlooks the water. This unique home has so much to offer and also has extremely low taxes. You are sure to be impressed. Come see for yourself today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017