1716 Springhill Drive
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 3, 2021 | Sold | ||
| Sold | |||
| Oct 16, 2021 | Listed by Berkshire Hathaway HomeService | $239,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
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Excellent Opportunity to own a nicely Updated Brick Ranch + 4 additional Parcels of Land, totaling 3.18 Acres! Additional Parcels provide some wooded privacy, with no direct neighbors to the home’s left or right. All are located at the back of a Quiet, Dead End Street. Potential to re-sell some of the Parcels, as well. All in Western School District. New Well was installed 2018, and Roof replaced 2015. Updated Kitchen w/ leathered granite counters offers Open Flow to the Main Living Room Area.
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| Sep 30, 2021 | Listed by BERKSHIRE HATHAWAY HOMESERVICE | $239,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICE | |||
| Jul 2, 2019 | Sold | ||
| Sold | |||
| May 22, 2019 | Listed by BERKSHIRE HATHAWAY HOMESERVICE | $170,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017