1649 Spring Run Lane
About This Property
Beautifully designed 2-bedroom, 2-bath home with the spacious Avid Plan 3 layout and stylish flooring. The flexible office/den offers a serene workspace or private hideaway and can also serve as a 3rd bedroom.
The open kitchen features stainless steel appliances, abundant cabinetry, a walk-in pantry, and flows into the large great room with stacking slider doors for seamless indoor–outdoor living. The primary bedroom includes sliding doors that open to a tranquil backyard setting, with the covered patio just steps away via the great room.
Upgrades include PAID-OFF SOLAR, whole house fan, water softener, and premium window coverings (motorized shades, wood blinds, and shutters).
Ownership flexibility: You do not need to be 55 to purchase. One qualifying occupant must be 55+ and use the home as their primary residence, and all other occupants must meet the community's eligible resident requirements. Can also be purchased as an investment or held for future use by qualifying occupants.
Community amenities: Residents enjoy access to the state-of-the-art VuePointe Clubhouse, offering multi-purpose rooms, a bar area, pools, spas, fitness facilities, Flow Studio, billiards, fire pit lounge, BBQ areas, and 5 pickleball courts.
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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 |
|---|---|---|---|
| Oct 24, 2026 | Price Increased |
$439,000
↑ $20K
(4.8%) | |
| Price Increased | |||
| Sep 3, 2026 | Listed by Fiv Realty Co. | $419,000 | |
| Listed by Fiv Realty Co. | |||
| Sep 18, 2025 | Price Decreased |
$470,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jul 4, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Price Decreased |
$475,000
↓ $40K
(7.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017