7310 Spring Run Lane
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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%.
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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 |
|---|---|---|---|
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Jul 4, 2023 | Listed by H & L Realty | $1,020,000 | |
| Listed by H & L Realty | |||
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NEVER FLOODED. Two new HVACs. Less than two years ago, high end engineering wood floors were installed; interior paints through the whole house; all commodes were changed; all upstairs bathroom quartz counter tops were installed. Welcome to this well maintained lake front 5-bedroom, 6.5-bathroom house with private pool, suited in prestigious Grand Lakes community. No public access to the lake from the house provides great privacy when relax in backyard and soak in the pool. One flex room downstairs can be mud room/library/excise room/bedroom. Wood stairs lead to spacious second floor w/4 bedrooms, 4 full baths, game room/media room. The home has 2 car attached garage w/an additional 2 car garage that has been converted into living space, but can be easily changed back to garage if desired. Easily access to Grand Parkway 99, Westpark Toll Road and I10. Close to shopping center, grocery stores. Zoned to award-wining Katy ISD. Buyer/agents verify school info and room size independently.
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| May 7, 2021 | Sold | ||
| Sold | |||
| Mar 13, 2021 | Listed by CB&A, Realtors | $799,000 | |
| Listed by CB&A, Realtors | |||
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Welcome home to this beautifully maintained Trendmaker lake front home w/5 bedroom, 6.5 bath & pool in highly sought after Grand Lakes. The home has 2 car attached garage w/an additional 2 car garage that has been converted into living space, but easily changed back to garage if desired. This home was built w/ entertaining in mind & truly has it all! Living room, study, large island kitchen w/wine chiller & newly painted white cabinetry & granite countertops. Dinner parties are enhanced by the dining room & open concept family room w/gorgeous fireplace & expansive wall of windows overlooking the backyard oasis w/ pool/spa & large covered patio. Wrought iron stair rails lead to the expansive second floor w/4 bedrooms, 4 full baths, game room & media room. Zoned to award-winning Katy ISD schools. Close to commuter routes including Westpark Tollway, Grand Parkway/99 & I-10 & close proximity to neighborhood park, schools, YMCA, shopping & restaurants. Come make this house your new home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017