1
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1685 Spring Water Pl
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 |
|---|---|---|---|
| Nov 6, 2025 | Sold | ||
| Sold | |||
| Oct 19, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Price Decreased |
$774,000
↓ $25K
(3.1%) | |
| Price Decreased | |||
| Oct 2, 2025 | Listed by Equity Colorado Real Estate | $799,000 | |
| Listed by Equity Colorado Real Estate | |||
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Beautifully Updated Two-Story Home in Highlands Ranch Westridge community! This stunning home showcases an updated kitchen with rich cherrywood cabinetry, quartzite countertops, a center island, pantry, stainless steel appliances, and a bright breakfast nook that opens to the inviting family room with gas fireplace. Hardwood flooring throughout the main and upper levels, including all bedrooms. Stunning primary bath fully updated with stylish finishes and a walk-in closet. The finished basement offers a versatile space-perfect for a recreation room, home gym, or media area. Step outside to a beautifully landscaped backyard featuring, new sod, two patio areas, and a convenient backyard storage shed. Located close to parks, top-rated schools, four recreation centers, and abundant open space, with easy access to major highways-this home truly offers the best of comfort and convenience. Call today to schedule your private tour. This home includes a VA assumable loan option with an incredible 2.25% interest rate for eligible veterans.
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| Jul 1, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017