805 Spring Lake Circle
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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 |
|---|---|---|---|
| Sep 30, 2021 | Sold | ||
| Sold | |||
| Aug 27, 2021 | No longer available | - | |
| No longer available | |||
| Aug 26, 2021 | Listed by Divine Realty Group | $249,999 | |
| Listed by Divine Realty Group | |||
| | |||
|
LOCATION! LOCATION! LOCATION! Come see this BEAUTIFULLY updated 3 bed, 2 bath with a LARGE backyard! This gem has a LARGE living room. You will LOVE the modern kitchen with white quartz counter tops. Other features include recessed lighting, high ceilings, laminate floors, Foundation warranty, new vanities, fresh paint, and more. Easy access to Hwy 30, George Bush, shopping, dinning and the shops of Rockwall. No HOA! YOU MUST SEE!
| |||
| Aug 8, 2021 | Listed by Divine Realty Group | $254,999 | |
| Listed by Divine Realty Group | |||
| | |||
|
LOCATION! LOCATION! LOCATION! Come see this BEAUTIFULLY updated 3 bed, 2 bath with a LARGE backyard! This gem has a LARGE living room. You will LOVE the modern kitchen with white quartz counter tops. Other features include recessed lighting, high ceilings, laminate floors, Foundation warranty, new vanities, fresh paint, and more. Easy access to Hwy 30, George Bush, shopping, dinning and the shops of Rockwall. No HOA! YOU MUST SEE! The manager has listed the unit size as 1248 square feet.
| |||
| May 26, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017