11 Springvale Rd
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 |
|---|---|---|---|
| Aug 30, 2023 | Sold | ||
| Sold | |||
| Jul 23, 2023 | In contract | - | |
| In contract | |||
| Jul 12, 2023 | Listed by Leading Edge Real Estate | $749,900 | |
| Listed by Leading Edge Real Estate | |||
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Welcome to this Cape Cod style home located in a sought after neighborhood in Readings west side. With its prime location, charming curb appeal, and inviting interior, this meticulously maintained home offers a perfect blend of comfort, convenience, and enjoyment. Featuring three spacious bedrooms, two full baths, and an eat-in kitchen this move-in ready gem provides ample space for everyday living and entertaining. One of the standout features of this property is its expansive, flat backyard, an oasis perfect for relaxation and entertainment. The larger-than-average size provides ample room for games, play, gardening and potential expansion. Enjoy cook outs and gatherings on the deck overlooking the picturesque yard! In the warmer months the fireplaced living room provides a cozy retreat by the wood-burning stove. Many updates! Nestled between Readings commuter rail, route 93 and 95 this tree lined street with friendly sidewalks provides the ideal surrounding for this forever home!
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| Jul 26, 2019 | Sold | ||
| Sold | |||
| Jun 20, 2019 | Listed by Colonial Manor Realty | $629,900 | |
| Listed by Colonial Manor Realty | |||
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Many would say that this is one of the BEST locations in Reading! A true, tree lined street with charming, well cared for homes...the ideal neighborhood in which to take a walk after dinner, play catch out front, or chit chat with a friendly neighbor. The lot of land is among the best we have seen of late in ANY price range...HUGE, level, abuts conservation and is perfect for playing AND entertaining. Come relax on the NEW deck. The lot also provides space for future expansion. Homes in this location seem to get bigger with each passing year. Folks tend to stay, and enlarge their house as their family grows. Beautifully maintained for years, this home is WAY MORE spacious inside than you would think. Huge LR with mantled FP, pretty staircase and dining room, and a GREAT kitchen with lots of light...just right for everyday meals or superb parties! All newer Anderson windows, HW floors, 2 BEAUTIFUL NEW baths, New carpet in upper bedrooms, and totally fresh paint throughout. DO NOT DELAY!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017