18811 Mountain Spring 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 13, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2023 | Listed by Ferris Realty Group, LLC | $549,900 | |
| Listed by Ferris Realty Group, LLC | |||
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Elegant home w/impeccable curb appeal & porte cochere. This captivating home offers 5 beds & 3.5 baths, providing the perfect blend of luxury & sophistication. Grand foyer w/split staircase. Gourmet kitchen w/granite counters, SS appliances, pull-out drawers, lazy susan & huge island. Kitchen is open to the den w/cozy fireplace, many custom built-ins, and has amazing backyard views of the pool. Beautiful hand-scraped hardwood floors throughout main level. Primary bedroom suite w/sitting area. En-suite bath w/large jacuzzi tub, separate shower, his/her sinks & closets. Access in primary to home office/study. Huge laundry w/custom built-ins. Upper level has cozy family/game room & 3 additional bedrooms. 3rd level with 5th bedroom. Backyard paradise featuring saltwater pool/hot tub, water fall & fountain features, lush landscaping, full slate pool deck & covered patio. Updates-Roof 2015, 2-HVACS-2018 & 2020, JennAir Oven 2017, LG Microwave 2020, GE Dishwasher 2021 & Pool Heater/Pump 2021.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017