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22061 SPRING VALLEY DRIVE
About This Property
The spacious chef's kitchen features high-end appliances, modern cabinetry, quartz countertops, and generous counter space for cooking and entertaining. A walk-in pantry with shelving, additional built-in pantry storage, and a dedicated meal prep area keep everything organized and within reach.
All three bedrooms are generously sized, including a primary suite with a private en-suite bathroom featuring beautifully updated finishes and fixtures.
Outside, enjoy an extra-large rear deck overlooking a backyard enclosed by vinyl privacy fencing. Two sheds provide additional storage for tools, outdoor equipment, and hobbies. Dual driveways offer ample parking, including space for a large RV or boat, while an outdoor RV plug/EV charging connection adds everyday convenience.
With its updated kitchen, spacious bedrooms, fully fenced backyard, and convenient location close to NAS Pax River, this home brings together modern comfort, practical storage, and room to enjoy life inside and out. Our brokerage utilizes advanced technology and innovative marketing tools to showcase our listings. Select photos have been virtually staged to help buyers envision the home's full potential.
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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 21, 2026 | Listed by The Southside Group Real Estate | $375,000 | |
| Listed by The Southside Group Real Estate | |||
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Aug 20, 2023 | In contract | - | |
| In contract | |||
| Aug 10, 2023 | Listed by The Southside Group Real Estate | $349,900 | |
| Listed by The Southside Group Real Estate | |||
| Jul 27, 2005 | Sold | ||
| Sold | |||
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About Lexington Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017