9627 Springmont Dr
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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.
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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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed by Nan & Company Properties | $465,000 | |
| Listed by Nan & Company Properties | |||
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Nestled on a cul-de-sac lot in Spring Branch sits this completely remodeled home within minutes of I-10, Beltway 8, and Houston's Energy Corridor. Features include a new roof, windows, flooring throughout, dining room and study with an entrance opening to the living room with recessed lighting & bright door to the backyard. Gourmet kitchen with island/breakfast bar has quartz counters & backsplash, Shaker-style cabinets with soft-close drawers, S/S appliances including a 4-burner range w/chimney vent hood & farm sink. Owner's suite has amazing natural light with entrance to spa-like bath with quartz counter & dual sinks, solid quartz & frameless glass shower with rain shower heads w/wands. Secondary bedrooms have access to a second full bath w/quartz counter & subway tiled tub/shower. The backyard is perfect for entertaining with a new fence and storage shed.
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| Feb 9, 2024 | No longer available | - | |
| No longer available | |||
| Jan 6, 2024 | No longer available | - | |
| No longer available | |||
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About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017