9301 Spring Branch Drive
About This Property
This gorgeous home is located in a cozy little neighborhood, conveniently located minutes from Memorial City, City Center and the Galleria and Heights in the other directions, not to mention the other numerous restaurants and shopping areas just minutes away. A park and elementary school are just blocks from the home. House never flooded!
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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 20, 2023 | Sold | ||
| Sold | |||
| May 27, 2023 | Listed by Keller Williams Premier RealtyKaty | $469,000 | |
| Listed by Keller Williams Premier RealtyKaty | |||
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Location, Location, Location!! This home has the best of the old and new! The original wood floors are in pristine condition adding extra charm to the house. You will then enjoy the double-paned windows, tankless water heater, fresh paint throughout, and remodeled kitchen and bathrooms. An oversized den and amazing Primary suite were added to the house. This bedroom has soaring ceilings, double sinks, 2-headed shower, jacuzzi tub, huge closet, and a balcony overlooking the wooded backyard and pool. The backyard, with NO backyard neighbors, is a gardeners dream with 3 separate patios, pool, and quaint stone archway and storage room.
This gorgeous home is located in a cozy little neighborhood, conveniently located minutes from Memorial City, City Center and the Galleria and Heights in the other directions, not to mention the other numerous restaurants and shopping areas just minutes away. A park and elementary school are just blocks from the home. House never flooded!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017