6737 Spring Rain Rd
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 |
|---|---|---|---|
| Jul 23, 2019 | Sold | ||
| Sold | |||
| May 1, 2019 | Listed by Group Harmony | $498,000 | |
| Listed by Group Harmony | |||
| Dec 31, 2015 | Sold | ||
| Sold | |||
| Apr 7, 2015 | Listed by Meritage Homes Kerrie Haley | $437,843 | |
| Listed by Meritage Homes Kerrie Haley | |||
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Brand new energy efficient home ready NOW! The Frisco features a spacious kitchen with large center island open to Great room with fireplace, Living room, Master with huge walk in closet. airy loft area and upper level laundry room. Love life living at Timnath Ranch with the Community and Rec Center, Pool, Playground, Park and Greenbelts. Pricing includes ALL builder discounts no additional discounts available off the price of this home.
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| Mar 23, 2015 | Listed by Group Harmony | $426,346 | |
| Listed by Group Harmony | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017