9706 Springmont 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%.
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 12, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Go Real Estate | $355,000 | |
| Listed by Go Real Estate | |||
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Discover your dream home at 9706 Springmont Dr! Located in the highly coveted Spring Branch area. This stunning one-story gem offers 3 spacious bedrooms and 2 beautifully appointed bathrooms. Step inside and be captivated by the elegant wood floors and soaring cathedral ceilings in the family room, where a cozy fireplace awaits to warm your evenings. The formal dining area sets the stage for unforgettable dinner parties, while the lobby area welcomes you with style. This home showcases recent paint, adding a fresh and modern touch. The thoughtfully designed layout ensures privacy between the bedrooms, making it ideal for families or guests. Outside, the property offers a large backyard, perfect for outdoor activities and gatherings. The detached garage and expansive driveway provide ample parking and storage space. This property combines comfort, style, and convenience, making it a true treasure in a prime location. Don't miss the opportunity to make this your new home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017