2113 Ella Springs 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 |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Price Decreased |
$597,520
↓ $30K
(4.8%) | |
| Price Decreased | |||
| May 25, 2025 | Listed by Reliant Realty, Inc. | $627,520 | |
| Listed by Reliant Realty, Inc. | |||
| Apr 17, 2025 | Listed by Reliant Realty Inc. | $627,520 | |
| Listed by Reliant Realty Inc. | |||
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Welcome to Ella Springs featuring 9 estate sized lots in the Walnut Grove school district (you can also choose Social Circle schools), minutes to downtown Monroe. Three sides brick! The Emerson Ranch-Lot 4. This timeless 4 bedroom/3 bath ranch home offers a spacious open floorplan with a second floor bonus room and a keeping room on the main floor. A formal dining space is featured right off of the entryway of this home. The kitchen opens into the fireside family room and the breakfast area with access to the rear, covered patio. The owner suite features a private bath with double vanities, a soaking tub, a shower, and a generous walk-in closet. 2 additional bedrooms are located on the main floor with access to a full bath. The bonus room is another secondary bedroom and additional full bath with walk in closet located upstairs. Up to $30,000 buyer incentive when using our preferred lender.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017