12580 Indian River Drive
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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%.
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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 4, 2025 | Sold | ||
| Sold | |||
| Aug 18, 2025 | In contract | - | |
| In contract | |||
| Aug 1, 2025 | Listed by Keller Williams High Desert | $465,000 | |
| Listed by Keller Williams High Desert | |||
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Welcome to your dream home in the highly sought-after Spring Valley Lake community! This beautifully maintained 3-bedroom, 2-bath residence is perfectly situated on a large lot just two doors down from the Equestrian Center, making it a rare gem for horse lovers and outdoor enthusiasts alike. Step inside to discover a warm and inviting layout with ample living space, perfect for families or anyone seeking both comfort and function. Each bedroom is generously sized, with the primary suite offering privacy and convenience. The home’s well-kept interior reflects pride of ownership, while the expansive backyard provides endless opportunities for entertainment, gardening, or building out your ideal outdoor retreat. Spring Valley Lake offers a lifestyle like no other—residents enjoy access to a private 200-acre lake with year-round fishing, boating, water skiing, and a designated swim beach. Whether you're looking to relax on the water or live an active lifestyle, this community has it all. Additional amenities include: Private 24/7 security patrol for peace of mind, Scenic horse trails and direct access to the equestrian boarding facilities, Biking and walking paths, Hidden neighborhood parks ideal for picnics and play. Don’t miss your chance to own a home in one of the High Desert’s most desirable communities. This is more than just a house—it’s a lifestyle. Schedule your private tour today!
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| Sep 5, 2017 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $275,000 | |
| Listed | |||
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This one is a hard find under $300000 home in the desirable Spring Valley Lake Equestrian Center. Home has living room, family room, large kitchen, tile flooring throughout, large bedrooms, master bedroom has vanity and walk in closet. Property is backed up to the river bed so no one can build behind you and easy access to the river bed to take your horse for a ride. Rocks cape backyard for low maintenance, tile roof, covered patio. Beam ceiling in living room, wood burning stove to keep you warm on those cold winter nights this home has tons of character call your agent today for a showing.The manager has listed the unit size as 1932 square feet.
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About Apple Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017