10 Spring Drive
About This Property
The heavy lifting has already been done for you, headlined by a new roof (2024) that ensures years of worry-free ownership. Relax on your cozy, screen enclosed front porch before stepping inside to a light-filled living area featuring fresh modern paint and gorgeous new flooring (2024). Both bathrooms have been beautifly updated including gorgeous tile. The kitchen features a beautiful backsplash and a view of the spaceous backyard from the kitchen sink. Out back, you'll find a covered deck overlooking a huge, fully fenced yard - the ultimate private setup for entertaining, gardening, or letting pets run safely. Enjoy the best of Asheville living, enjoying everything the mountains have to offer!
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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 |
|---|---|---|---|
| Nov 5, 2026 | Listed by Found It Homes LLC | $367,000 | |
| Listed by Found It Homes LLC | |||
| Aug 24, 2023 | No longer available | - | |
| No longer available | |||
| Aug 22, 2023 | Sold | ||
| Sold | |||
| Aug 6, 2023 | In contract | - | |
| In contract | |||
| Jul 26, 2023 | Listed by Found It Homes LLC | $290,000 | |
| Listed by Found It Homes LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017