1602 Springdale RD #2
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 |
|---|---|---|---|
| Aug 6, 2019 | No longer available | - | |
| No longer available | |||
| Jun 19, 2019 | No longer available | - | |
| No longer available | |||
| Jun 1, 2019 | Listed | $370,000 | |
| Listed | |||
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Enjoy the good life Austin style in this outstanding new home! Covered front porch welcomes you into the main level's open concept floor plan. Lots of windows let in an abundance of natural light. Fabulous finish-out with designer colors, sophisticated tile selections and high-end electrical & plumbing fixtures. Center island kitchen boasts stainless steel appliances and is open to living and dining areas. Privacy fenced backyard with plenty of space for outdoor enjoyment. Near MLK and just outside Mueller, with easy access to 35 & 183. The manager has listed the unit size as 1099 square feet.
| |||
| May 26, 2019 | Price Decreased |
$375,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Apr 26, 2019 | Listed | $385,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/26/2019
|
2 Bed
|
2 Bath
|
1099 ft²
|
$385,000
2 Bed
2 Bath
1099 ft²
|
-
-
|
Alex McCormick
Keller Williams - Austin SW
| |
|
04/26/2019
|
3 Bed
|
2 Bath
|
1679 ft²
|
$475,000
3 Bed
2 Bath
1679 ft²
|
-
-
|
Alex McCormick
Keller Williams - Austin SW
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017