25
Map
9018 Wellspring Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Jul 20, 2026 | Sold | ||
| Sold | |||
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| May 19, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 18, 2026 | Listed by eXp Realty LLC | $350,000 | |
| Listed by eXp Realty LLC | |||
| Apr 23, 2026 | Listed by eXp Realty LLC | $365,000 | |
| Listed by eXp Realty LLC | |||
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Welcome to this stunning home located in the desirable Laverne Springs community of Spring Branch. This meticulously maintained residence features 3 bedrooms, 2 full bathrooms, and 1 half bath, offering an open-concept living space highlighted by high ceilings, engineered wood flooring, and a modern kitchen equipped with a gas range and premium finishes. Designed for modern living, the home is wired for sound, prewired for an alarm system, and features energy-efficient insulated/Low-E windows with a zoned HVAC system for maximum comfort. The functional layout provides ample space for relaxation, while the exterior boasts durable cement board construction and a low-maintenance patio lot featuring a private, turfed backyard as a perfect low-maintenance selling point. Situated in the heart of Houston (77080), this property combines contemporary style with a convenient location near the city’s best dining and shopping.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017