1224 Springcreek 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 |
|---|---|---|---|
| Apr 30, 2024 | No longer available | - | |
| No longer available | |||
| Feb 24, 2024 | In contract | - | |
| In contract | |||
| Feb 11, 2024 | Price Decreased |
$329,900
↓ $20K
(5.7%) | |
| Price Decreased | |||
| Feb 2, 2024 | Listed by eXp Realty, LLC | $349,900 | |
| Listed by eXp Realty, LLC | |||
| | |||
|
This nice open floor plan, with laminate flooring throughout the main high traffic areas, carpet in bedrooms, fresh paint and ready to move in! Formal living and dining area, breakfast nook, lots of cabinet space and kitchen island. Double sinks in master bath, garden tub with separate shower and walk in closet. The manager has listed the unit size as 1866 square feet.
| |||
| Jul 31, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017