7003 Spring Run 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%.
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 28, 2023 | Sold | ||
| Sold | |||
| Sep 2, 2023 | Listed by eXp Realty, LLC | $775,000 | |
| Listed by eXp Realty, LLC | |||
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JACKPOT!! Excellent Condition, 2 Story, 5 Bedrooms, 3.5 Full Baths w/Swimming Pool/Hot Tub, in the Exclusive Grand Lakes Neighborhood. Huge Corner Lot w/Gated Driveway. Grand Entry to home, w/Formal Living/Study & Formal Dining, Large Kitchen w/island, Lots of Cabinets & Counter space, Stainless Steel Appliances, Gas Cooktop. Huge Living Room w/fireplace. Spacious Master Bedroom w/dedicated AC system to keep you extra cool. Executive Spa-like Master Bath, Large Tub & Shower, Huge walk in Master Closet. Upstairs has Large Game Room & connected side room w/storage. Study nook area at top of stairs. 4 Spacious Upstairs Bedrooms. Huge!! Extra Bonus Room Upstairs, could be 6th Bedroom w/no closet. Backyard is Resort Style w/High Dollar Custom Swimming Pool & Hot Tub. 2 Car Garage & Separate 1 Car Garage w/Air Conditioning used as a home gym. **BONUS Generac Power Generator!! Never lose power. Located minutes from Grand Pkwy & I-10, Westpark Tollway, Zoned to Award Winning Katy ISD Schools!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017