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1223 Bear Springs
About This Property
The home is being sold fully furnished (excluding personal items), making it an ideal turnkey opportunity for a full-time residence, vacation home, or investment property. With its convenient location, generous extra lot, and included furnishings, this is a fantastic value in Rimforest. Do not miss out on this excellent opportunity.
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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 5, 2026 | Price Decreased |
$307,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$317,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Jun 11, 2026 | Listed by Elevate Realty | $327,000 | |
| Listed by Elevate Realty | |||
| Mar 6, 2020 | Sold | ||
| Sold | |||
| Nov 8, 2019 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $200,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
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Your mountain getwaway awaits in Rimforest. Surround yourself with the warm feeling of real wood paneled walls and the warmth of a cozy fireplace as you watch the squirrels dance in the trees. Or, barbecue in the privacy of your deck off the living room while entertaining friends. The three bedrooms and two baths allow everyone to visit. List price includes the vacant lot next door, offering even more privacy. Indoor laundry and furnished per inventory. Vinyl siding makes for less maintenance, and more time to enjoy the fresh, clean air. Great location for easy commute up and down the mountain, and for all the activities the mountain offers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017