1705 Springfield Dr
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 |
|---|---|---|---|
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | Listed by Coldwell Banker Realty-NOCO | $575,000 | |
| Listed by Coldwell Banker Realty-NOCO | |||
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Nestled in the heart of Fort Collins, 1705 Springfield Drive is a meticulously maintained property, boasting a spacious 4-bedroom, 2-bathroom layout that seamlessly blends style with functionality. As you step inside, you're greeted by an inviting open-concept living area, bathed in natural light from the expansive windows that offer breathtaking views of the backyard. The kitchen is a chef's dream, featuring modern appliances and ample space for all your storage needs.The adjoining dining area is perfect for hosting family dinners or entertaining guests. The bedrooms are generously sized, providing comfort and privacy for family members or guests. The lower level offers a versatile space that can be used as a home office, gym, or media room.Outside, the private backyard oasis is an entertainer's delight with a spacious patio, perfect for summer barbecues or relaxing with a book. Additional features of this remarkable home include a workshop and shed. Don't miss the opportunity to make this dream home your own! Leased until 5/31/2025 at $2395/month.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017