16 Springview Ln #A104
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%.
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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.
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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 |
|---|---|---|---|
| May 18, 2023 | Sold | ||
| Sold | |||
| Mar 17, 2023 | Listed by RE/MAX PEAK TO PEAK | $975,000 | |
| Listed by RE/MAX PEAK TO PEAK | |||
| | |||
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There is not a much better scenario than being able to walk into your new condo and immediately start enjoying mountain living! This 2021 built 2 bedroom plus large den lives like a 3 bedroom. With over 1300 finished square feet it is spacious and exceptionally well laid out. Walk into a large entry with a lockable oversize closet for bikes, ski gear, snowshoes and all the toys necessary. Hang up your coat and head into the open kitchen, dining, living area. The room is centered on a floor to ceiling rock gas fireplace. Large dining area with extra seating at the bar. With 10' ceilings and enormous windows this ground floor unit has great light as well as the advantage of being able to walk right out to the landscaped yard. The glass slider opens up to a large wraparound patio with room to barbeque, lounge and add a hot tub. The guest bedroom has plenty of room with a private closet and big views towards the mountains. The primary suite is off the corner of the unit and it has an ensuite bath with tiled shower. All personal property is included in the sale and the owners spared no expense. This one was designed by "By Design" with high end custom furniture. It shows beautifully and is ready to move into right away. In todays world of varying levels of quality of construction you can rest assured that this condo was built with longevity in mind from the inside out. Here are just a few of the features - knotty alder trim and doors, staggered stud interior walls, concrete floors with in floor radiant heat, hand troweled drywall that has been screwed in place, tile shower surrounds, private boiler for each unit, spray foam roof insulation, Jeld Wen windows, LP smart siding with stone accents, foam air seal around all exterior penetrations, and the list goes on. The current owners have rented successfully on their own. With the bus stop being right in the front yard just steps away, you and your guests can hop off the bus and walk right to the ski locker outside the unit
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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 |
|---|---|---|---|---|---|---|---|
|
12/26/2024
|
3 Bed
|
3 Bath
|
1581 ft²
|
$1,399,000
3 Bed
3 Bath
1581 ft²
|
$1,100,000
-21.37%
11/06/2025
|
Julie C Ray
Berkshire Hathaway HomeServices Colorado Real Estate, LLC
| |
|
12/26/2024
|
3 Bed
|
3 Bath
|
1581 ft²
|
$1,499,000
3 Bed
3 Bath
1581 ft²
|
$1,100,000
-26.62%
11/06/2025
|
Julie C Ray
Berkshire Hathaway HomeServices Colorado Real Estate, LLC
| |
|
03/04/2024
| |
2 Bed
|
1 Bath
|
1048 ft²
|
$799,000
2 Bed
1 Bath
1048 ft²
|
-
-
|
Amanda Solomon
Real Estate of Winter Park LLC
|
|
03/10/2024
|
1 Bed
|
1 Bath
|
1048 ft²
|
$799,000
1 Bed
1 Bath
1048 ft²
|
-
-
|
Amanda Solomon
Real Estate of Winter Park LLC
| |
|
03/17/2023
|
2 Bed
|
2 Bath
|
1314 ft²
|
$975,000
2 Bed
2 Bath
1314 ft²
|
$950,000
-2.56%
05/18/2023
|
Kristen Meyer
RE/MAX Peak to Peak
| |
|
03/04/2023
| |
2 Bed
|
1 Bath
|
1048 ft²
|
$849,000
2 Bed
1 Bath
1048 ft²
|
-
-
|
Amanda Solomon
Real Estate of Winter Park LLC
|
|
06/16/2022
|
3 Bed
|
3 Bath
|
1624 ft²
|
$1,095,000
3 Bed
3 Bath
1624 ft²
|
$1,075,000
-1.83%
10/12/2022
|
Meredith Lipscomb
Grand Park Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017