1601 SPRING GATE DRIVE #1216
About This Property
The manager has listed the unit size as 642 square feet.
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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 |
|---|---|---|---|
| Feb 14, 2024 | Sold | ||
| Sold | |||
| Jan 16, 2024 | In contract | - | |
| In contract | |||
| Jan 11, 2024 | Listed | $339,900 | |
| Listed | |||
| | |||
|
OFFER DEADLINE - MONDAY, 1/15 AT 5PM. BEAUTIFULLY updated 1BR/1BA offering privacy and security in the HEART of Tysons Corner! This bright and airy 2nd floor unit offers a GORGEOUSLY remodeled kitchen featuring white shaker kitchen cabinets & pulls (2021), sparkling white quartz countertops (2021), stainless steel appliances (fridge, stove, microwave - 2021, dishwasher - 2023), stainless steel undermount sink w/ professional grade faucet (2021) & newer disposal (2022), tile flooring, recessed lighting, and breakfast bar w/ elegant pendant lighting! Kitchen opens to SPACIOUS living room w/ gleaming hardwood flooring, crown molding, ceiling fan, and private access to balcony! Generously-sized bedroom boasts updated scratch-resistant luxury vinyl plank flooring (2021), large window offering natural light, walk-in closet, and ceiling fan! Updated full bathroom offers expansive 48" white shaker vanity w/ quartz vanity top (2021), modern rectangular sink bowl w/ wide spread faucet (2021), beveled mirror, chic LED lighting, Kohler curved shower rod, newer toilet (2021), and newer shower head, tub spout & bath hardware (2023). Delight in your in-unit dedicated laundry room/pantry with NEW washer/dryer (2024) and plenty of storage space! Looking for a little peace after a long day? Take a deep breath and relax with a cup of coffee or glass of wine on your own private balcony with serene WOODED VIEWS! This special unit offers many amazing features, including 9 ft. ceilings, southern exposure for plenty of natural light, on-trend neutral paint colors, updated window treatments (2022), and newer water heater & heater (combo system) (2022). One GARAGE parking space conveys, plus 2 guest passes for non-reserved spaces. Sought-after Gates of McLean is a private enclave in the midst of the bustling Tysons Corner area, offering a host of FANTASTIC amenities and features, including secure gated access, on-site management, clubhouse/party room, renovated fitness center w/ sauna, outdoor pool & hot tub, sports court, picnic areas, tree-lined walking paths, business center, media screening room, electric charging stations, vacuum area, and more! Walk to the Metro - less than 1/2 mile to the Silver Line! Enjoy the fabulous and plentiful shopping, dining & entertainment opportunities of the VIBRANT Tysons Corner area! Tyson's Corner Center & Galleria, popular restaurants, Capital One HQ, The Perch, Wegmans, and Whole Foods - all nearby! Unbeatable location with easy access to I-495, Dulles Toll Road, RT 7, RT 66, and the Jones Branch Connector. Don't miss your chance to call this amazing condo HOME!
| |||
| Oct 10, 2021 | No longer available | - | |
| No longer available | |||
| Jul 7, 2021 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/21/2026
|
1 Bed
|
1 Bath
|
690 ft²
|
$310,000
1 Bed
1 Bath
690 ft²
|
$300,000
-3.23%
06/26/2026
|
Jeff Wu
Keller Williams Capital Properties
| |
|
05/07/2026
|
2 Bed
|
2 Bath
|
998 ft²
|
$495,000
2 Bed
2 Bath
998 ft²
|
$469,000
-5.25%
07/29/2026
|
Liezel Dsouza
Soldsense
| |
|
04/22/2026
|
2 Bed
|
2 Bath
|
1082 ft²
|
$517,000
2 Bed
2 Bath
1082 ft²
|
$503,500
-2.61%
08/03/2026
|
Adolat Almetova
Keller Williams Capital Properties
| |
|
02/20/2026
|
1 Bed
|
1 Bath
|
735 ft²
|
$365,900
1 Bed
1 Bath
735 ft²
|
$370,000
+1.12%
03/17/2026
|
Caroline Nowell
Berkshire Hathaway HomeServices Homesale Realty
| |
|
02/19/2026
|
1 Bed
|
1 Bath
|
642 ft²
|
$300,000
1 Bed
1 Bath
642 ft²
|
$280,000
-6.67%
05/29/2026
|
Jeff Wu
Keller Williams Capital Properties
| |
|
04/30/2025
|
2 Bed
|
2 Bath
|
1202 ft²
|
$520,000
2 Bed
2 Bath
1202 ft²
|
$500,000
-3.85%
09/30/2025
|
Sepideh Abdollahzadeh
Spring Hill Real Estate, LLC.
| |
|
03/27/2025
|
1 Bed
|
1 Bath
|
735 ft²
|
$340,000
1 Bed
1 Bath
735 ft²
|
$325,000
-4.41%
05/23/2025
|
Lisa DeCarlo
Weichert, REALTORS
| |
|
08/09/2024
|
1 Bed
|
1 Bath
|
735 ft²
|
$369,500
1 Bed
1 Bath
735 ft²
|
$365,000
-1.22%
09/06/2024
|
Jay C Noh
Smart Realty, LLC
| |
|
08/08/2024
|
1 Bed
|
1 Bath
|
735 ft²
|
$364,900
1 Bed
1 Bath
735 ft²
|
$367,000
+0.58%
08/22/2024
|
Wentong Chen
Libra Realty, LLC
| |
|
07/31/2024
|
1 Bed
|
1 Bath
|
642 ft²
|
$338,000
1 Bed
1 Bath
642 ft²
|
$330,000
-2.37%
08/15/2024
|
Baicheng Liao
Greenland Realty, LLC
| |
|
06/23/2024
|
1 Bed
|
1 Bath
|
735 ft²
|
$359,990
1 Bed
1 Bath
735 ft²
|
$360,000
+0.00%
07/22/2024
|
Sri Meka
Franklin Realty LLC
| |
|
01/11/2024
|
1 Bed
|
1 Bath
|
642 ft²
|
$339,900
1 Bed
1 Bath
642 ft²
|
$339,900
02/14/2024
|
Darren Robertson
Samson Properties
| |
|
11/04/2023
|
1 Bed
|
1 Bath
|
735 ft²
|
$325,000
1 Bed
1 Bath
735 ft²
|
$320,000
-1.54%
12/12/2023
|
Mohammed Beyad
Samson Properties
| |
|
06/01/2023
|
1 Bed
|
1 Bath
|
735 ft²
|
$330,000
1 Bed
1 Bath
735 ft²
|
$337,000
+2.12%
08/10/2023
|
Jeff Wu
Keller Williams Capital Properties
| |
|
01/20/2023
|
2 Bed
|
2 Bath
|
1082 ft²
|
$449,000
2 Bed
2 Bath
1082 ft²
|
$449,000
02/28/2023
|
Choon Neoh
Realty One Group Capital Properties
| |
|
01/15/2023
|
1 Bed
|
1 Bath
|
735 ft²
|
$310,000
1 Bed
1 Bath
735 ft²
|
$316,000
+1.94%
01/31/2023
|
Allison Metzger
Green Lawn Realty
| |
|
06/18/2022
|
1 Bed
|
1 Bath
|
735 ft²
|
$325,000
1 Bed
1 Bath
735 ft²
|
-
-
|
Mohammed Beyad
Samson Properties
| |
|
05/28/2022
|
2 Bed
|
2 Bath
|
998 ft²
|
$400,000
2 Bed
2 Bath
998 ft²
|
$370,000
-7.50%
02/18/2023
|
Shawna Moore
Reston
| |
|
05/28/2022
| |
2 Bed
|
2 Bath
|
-
|
$420,000
2 Bed
2 Bath
|
-
-
|
Shawna Moore
Reston
|
|
04/22/2022
|
1 Bed
|
1 Bath
|
690 ft²
|
$339,000
1 Bed
1 Bath
690 ft²
|
-
-
|
Linda Fei
United Realty, Inc.
| |
|
03/18/2022
|
2 Bed
|
2 Bath
|
1202 ft²
|
$507,500
2 Bed
2 Bath
1202 ft²
|
$507,500
04/14/2022
|
Sergei A Goumilevski
RE/MAX Realty Services
| |
|
02/28/2022
|
2 Bed
|
2 Bath
|
998 ft²
|
$439,000
2 Bed
2 Bath
998 ft²
|
$419,100
-4.53%
03/31/2022
|
Juliet Lee
Realty One Group Capital Properties
| |
|
05/05/2021
|
1 Bed
|
1 Bath
|
642 ft²
|
$325,000
1 Bed
1 Bath
642 ft²
|
$320,000
-1.54%
07/07/2021
|
Ing-ing Liu
Evergreen Properties
| |
|
03/26/2021
|
1 Bed
|
1 Bath
|
642 ft²
|
$319,900
1 Bed
1 Bath
642 ft²
|
$320,000
+0.03%
04/28/2021
|
Weiming Qi
Weichert, REALTORS
| |
|
11/08/2019
|
2 Bed
|
2 Bath
|
1082 ft²
|
$479,000
2 Bed
2 Bath
1082 ft²
|
$474,900
-0.86%
01/21/2020
|
Are Andresen
| |
|
02/27/2019
|
1 Bed
|
1 Bath
|
735 ft²
|
$275,000
1 Bed
1 Bath
735 ft²
|
-
-
|
-
| |
|
09/06/2018
|
1 Bed
|
1 Bath
|
690 ft²
|
-
1 Bed
1 Bath
690 ft²
|
-
-
|
-
| |
|
09/02/2017
| |
1 Bed
|
1 Bath
|
642 ft²
|
-
1 Bed
1 Bath
642 ft²
|
-
-
|
-
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017