7514 Simpson Springs 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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Jan 30, 2024 | In contract | - | |
| In contract | |||
| Jan 16, 2024 | Listed by HomeSmart | $375,000 | |
| Listed by HomeSmart | |||
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The coveted gated community of Preserve at Northampton. Zoned to Klien ISD! Stunning brick+stone accent facade welcomes you to this 1.5-level home. Impressive floor plan for your discerning taste. Multiple accent walls, angeled stone FP, tile + laminate flooring throughout the living areas,carpet in BRs create a blend of elegance + functionality.Roof replaced in 2021 w/ Timberline architectural shingles + 30-year warranty.Open stairwell leads to a bright, airy, and large 2nd-floor flex space w/ rare 1/2 bath up can be used as a media/office/hobby room.Kitchen w/ granite counters, stainless appliances + tons of storage.Primary BR is large, secondary Brs offer generous proportions and ample closet space. Covered backyard, includes playset + room for a pool. EV charger.This residence is ideally situated close to the ExxonMobil Campus, Amazon w/ a plethora of fine dining/shopping.Good combination of convenience meets practicality.Don't miss the opportunity to schedule your private showing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017