1717 Springer Road
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 |
|---|---|---|---|
| Jul 9, 2020 | Sold | ||
| Sold | |||
| Jun 11, 2020 | Listed by eXp Realty | $699,900 | |
| Listed by eXp Realty | |||
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This unique property offers 2 LOG HOMES 3 levels of spacious living in the main house. 4 large bedrooms w/large closets, 3.5 baths w/custom tile showers. Main level offers master bedroom, living room w/ fireplace, well equipped kitchen w/stainless appliances, double oven, granite. Upper level offers two large bedrooms, sitting room, Lower level offers spacious game room, kitchenette, large bedroom & private entrance. Hot tub , over 1500 sq ft of wrap around porches. also comes with an adorable Guest House! All situated on almost 2 acres with beautiful views and tons of privacy. Close to Dollywood & Splash Country. This would make a great permanent residence, 2nd home, or continue as a vacation rental. Potential gross Income $100+ annually.Don't let this opportunity pass you by!
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| May 2, 2019 | Listed by eXp Realty | $699,900 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017