1550 SPRING GATE #8109
About This Property
The manager has listed the unit size as 1272 square feet.
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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%.
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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 9, 2024 | Sold | ||
| Sold | |||
| Aug 26, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | No longer available | - | |
| No longer available | |||
| Jul 30, 2024 | Price Decreased |
$539,000
↓ $6K
(1.1%) | |
| Price Decreased | |||
| Jul 30, 2024 | Listed | $545,000 | |
| Listed | |||
| | |||
|
Easy Access with first/ground floor living. No waiting for elevators or climbing stairs. Super convenient, and close to entrance of building too.
Expansive and inviting, this spacious residence offers the ultimate in community living. Situated in the coveted Gates of McLean, this home boasts the largest floor plan available. Included are two designated parking spaces, ensuring convenience and comfort.
Step inside to discover an open kitchen and floor plan, ideal for modern living. The kitchen features exquisite countertops and updated appliances, complemented by in-unit laundry for added convenience. Large windows and 9-foot ceilings enhance the bright and airy atmosphere throughout.
Nestled within a gated community, residents enjoy unparalleled amenities including a refreshing outdoor pool, clubhouse, and fitness center. Explore lush walking trails, shoot hoops on the basketball court, or let children play in the tot lot and playground. Additional perks include a car cleaning area, ensuring every detail is covered.
Conveniently located just minutes from Tysons Corner Galleria and Tysons Corner Shopping Center, this home offers easy access to major highways including 495, 66, Route 7, and 123. Plus, enjoy unparalleled proximity to the Dulles Metro and Silver Line, making commuting a breeze.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/30/2024
|
3 Bed
|
2 Bath
|
1272 ft²
|
$545,000
3 Bed
2 Bath
1272 ft²
|
$532,000
-2.39%
09/09/2024
|
Jeff Wu
Keller Williams Capital Properties
| |
|
06/20/2024
|
3 Bed
|
2 Bath
|
1272 ft²
|
$575,000
3 Bed
2 Bath
1272 ft²
|
$555,000
-3.48%
10/01/2024
|
Jeff Wu
Keller Williams Capital Properties
| |
|
09/22/2023
|
3 Bed
|
2 Bath
|
1272 ft²
|
$538,000
3 Bed
2 Bath
1272 ft²
|
$551,000
+2.42%
10/05/2023
|
Robert D Clark
The Virtual Realty Group
| |
|
08/18/2023
|
1 Bed
|
1 Bath
|
815 ft²
|
$335,000
1 Bed
1 Bath
815 ft²
|
$366,000
+9.25%
09/12/2023
|
David Sande
Doorstep Property Management, LLC
| |
|
03/22/2022
|
3 Bed
|
2 Bath
|
1272 ft²
|
$499,900
3 Bed
2 Bath
1272 ft²
|
-
-
|
Jeff Wu
Keller Williams Capital Properties
| |
|
03/03/2021
|
3 Bed
|
2 Bath
|
1272 ft²
|
$485,000
3 Bed
2 Bath
1272 ft²
|
-
-
|
-
| |
|
06/01/2020
|
1 Bed
|
1 Bath
|
655 ft²
|
$320,000
1 Bed
1 Bath
655 ft²
|
$305,000
-4.69%
08/13/2020
|
Are Andresen
| |
|
10/19/2019
|
2 Bed
|
2 Bath
|
1149 ft²
|
$489,000
2 Bed
2 Bath
1149 ft²
|
$489,000
01/16/2020
|
koteeshwar ramuni
Ikon Realty
| |
|
03/07/2019
| |
2 Bed
|
2 Bath
|
-
|
$429,000
2 Bed
2 Bath
|
-
-
|
-
|
|
03/06/2019
|
3 Bed
|
2 Bath
|
1272 ft²
|
$475,000
3 Bed
2 Bath
1272 ft²
|
-
-
|
-
| |
|
04/20/2012
|
2 Bed
|
2 Bath
|
1149 ft²
|
$354,900
2 Bed
2 Bath
1149 ft²
|
$345,000
-2.79%
05/04/2012
|
Cheryl Kenny
Golden Realtors, LLC
| |
|
03/11/2012
|
1 Bed
|
1 Bath
|
815 ft²
|
$269,000
1 Bed
1 Bath
815 ft²
|
$257,500
-4.28%
04/17/2012
|
Tatiana Moody
Weichert, REALTORS
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017