1604 Spring Blossom Trail
About This Property
The kitchen opens seamlessly to the living area and includes granite countertops, a tile backsplash, gas range, updated pendant lighting, and plenty of space for gathering. The open living room is centered by a gas fireplace and custom built-ins. Just off the main living area, the private office is complete with French doors, custom built-ins, and a window seat with hidden storage.
The spacious primary suite is tucked away at the rear of the home and features a large walk-in closet, dual-sink vanity, and a tiled walk-in shower. The secondary bathroom also offers dual vanities and a tub, making it ideal for family or guests. A separate rear den provides the perfect flex space for a second living area, playroom, media room, or can easily be enclosed to create a fourth bedroom.
Outside, enjoy a private backyard that backs to peaceful woods, while the front of the home overlooks a charming pocket park. A paver fire pit creates the perfect spot for relaxing or entertaining
Enjoy everything Fort Mill has to offer, including its award winning schools! Just minutes away from downtown Fort Mill, Baxter Village and the newest entertainment district, The Grove (still underway), which will offer gathering spaces, restaurants, trails and shopping! New multi-use paths coming for connectivity off of Sutton Rd for easy access to Catawba Park, Baxter and the Grove!
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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.
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About Riverview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017