8254 Clear Springs Road
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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 |
|---|---|---|---|
| Oct 4, 2021 | Sold | ||
| Sold | |||
| Aug 12, 2021 | Listed by Ready Real Estate | $310,000 | |
| Listed by Ready Real Estate | |||
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Recently updated contemporary home located in Richardson ISD! This house offers open concept living with new flooring throughout. Beautifully updated kitchen with quartz countertops, glass tile backsplash and LED lighting. Multiple living-dining areas flanked with new cedar beams, vaulted ceilings and fresh paint throughout. The Master offers a bonus sitting area for added space. Both bathrooms have been updated with Quartz Counters, new faucets, lighting and more! Large lot with a shed for storage, 2 car garage and spacious driveway complete this great home. Front door lock, new HVAC, sprinkler system, and garage door are all smart electronics that can be controlled with your phone.
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| Sep 2, 2017 | Listed | $215,000 | |
| Listed | |||
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Beautiful elevation 3 bedroom home in Richardson ISD. Laminate floor thru out the house, open floor plan. Need some updated. Huge back yard and convenience location. Oversize 2 car garages and plenty of storage space. 10 minutes to Plano, downtown Dallas, UTD, Richland-Brookhaven College, Northpark and Galleria. Walking distance to elementary school and walking distance to pick up station for bus for middle school and high school. Close to I75 and I635. MUST SEE! The manager has listed the unit size as 1663 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017