178 Springs Edge Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Jun 23, 2023 | Sold | ||
| Sold | |||
| May 12, 2023 | Listed by Target Realty, Inc. | $524,500 | |
| Listed by Target Realty, Inc. | |||
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Gorgeous home on nearly 1/2 acre (two large lots) in the gated community of April Sound. This home has been nicely updated! Updates include custom, site built custom cabinets in kitchen and bathrooms, stainless steel appliances, including dual fuel 36" range, two microwaves, beautiful countertops in kitchen and bathrooms, new carpet in secondary bedrooms and game room, wood-look porcelain tile through-out remaining spaces. All new windows, front door, hardware, trim, fixtures, fans, sinks, faucets, tub, shower glass and tile, and updated interior paint. High ceilings, living room and formal dining room have 14' ceilings and large windows for plenty of natural light. Large game room upstairs, could be flex space depending on needs, multiple large storage closets, gas log fireplace and HUGE backyard. This property is a RARE find since it has two access points from Springs Edge Dr - double gate access to back yard for boat storage. This home is located in MISD, zoned to Lake Creek HS!
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| Mar 26, 2021 | Sold | ||
| Sold | |||
| Feb 24, 2021 | Listed by Vision Reatly | $368,500 | |
| Listed by Vision Reatly | |||
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Wow Look at this rare double lot in April Sound! You can enter the property from 2 sides - see pictures. Boat parking ok here. This custom 3 bedroom home is packed with High End finishes. High Ceilings complimented with grand archways and tall windows. Large kitchen with walk in pantry and tons of prep space. Butlers Pantry too. Multiple large storage closets and a hideaway room too. Media room over garage is multi purpose. New Roof in July 2020.
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| Jul 13, 2017 | Listed | $370,000 | |
| Listed | |||
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STUNNING HOME ON NEARLY 1/2 ACRE IN GATED COMMUNITY (2nd LOT CAN BE EXCLUDED). GOURMET ISLAND KITCHEN w/LG. PANTRY, GRANITE, & BUTLER'S PANTRY, EXTENSIVE HARDWOOD FLOORING, LIGHT & BRIGHT, HIGH CEILINGS, INCREDIBLE ARCHWAYS & BUILT-INS, FANTASTIC STORAGE, MEDIA/GAMEROOM ABOVE GARAGE, STUDY, UTILITY w/SINK & IRONING BOARD, WATER HEATER & SOFTENER 2015, A/C COIL & COMPRESSOR 7/2016, NEW TILE FRONT & COVERED BACK PORCH, SPRINKLER SYSTEM, 2 CAR + GOLF CART GARAGE. THIS IS A DEFINITE MUST SEE HOME! The manager has listed the unit size as 2903 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017