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207 Springville Road
About This Property
As you step inside, you'll be greeted by an abundance of natural light, thanks to the home's southern exposure. The open-concept living area features new hardwood floors throughout. The fully renovated kitchen boasts modern appliances and sleek finishes, perfect for both everyday cooking and entertaining.
The bathroom has been tastefully updated with contemporary fixtures, adding to the home's fresh and modern appeal. Both bedrooms are spacious and filled with natural light, providing a comfortable and relaxing space.
Outside, the property features a brand-new roof and siding, enhancing its curb appeal and ensuring durability. The exterior is as charming as the interior, with a spacious yard perfect for outdoor activities and relaxation and with room for a pool.
With its prime location near the ocean and its extensive renovations, this beach cottage is a true gem. Don't miss the opportunity to own a piece of coastal paradise at 207 Springville Road!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Listed by Compass Greater NY LLC | $699,000 | |
| Listed by Compass Greater NY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017