22941 Springwater
About This Property
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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 4, 2019 | Sold | ||
| Sold | |||
| Mar 12, 2019 | Listed by Berkshire Hathaway Home Services | $720,000 | |
| Listed by Berkshire Hathaway Home Services | |||
| Oct 25, 2018 | No longer available | - | |
| No longer available | |||
| Oct 11, 2018 | Price Decreased |
$749,990
↓ $15K
(2%) | |
| Price Decreased | |||
| Oct 3, 2018 | Listed | $765,000 | |
| Listed | |||
| | |||
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Rarely on the market is this 4 bedroom, 2.5 bath home in the friendly neighborhood of Bennett Ranch. Nicely upgraded with all bedrooms upstairs, the master suite has a walk-in closet and dual master sinks. Currently the 4th bedroom is being used as an office which opens with bi-fold doors, to the master bedroom. The bi-fold doors can be closed to make the 4th bedroom. Your future home has been recently repiped, has a new HVAC system, updated carpet, and all appliances have been replaced. The natural sunlight in the remodeled kitchen will be a welcomed warmth, along with the beautiful granite counters. The back patio is ready for entertaining with its meticulous lawn and garden. The front door is equipped with the Ring system and security cameras in the backyard. Low HOA and no Mello Roos! Walking distance to Cherry Park, close to the 18.5 mi. Aliso Creek Riding & Hiking Trail, and the Lake Forest Sports Park and Lake Forest Golf and Practice Center are nearby. Close to the 5/405 freeways and the 241 toll road for an easy commute. Near shopping and restaurants, Lake Forest is a wonderful place to live and is now officially a debt-free city! Welcome home! The manager has listed the unit size as 1859 square feet.
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About Bennett Ranch
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,950 /mo
- 4 Beds
- 3 Baths
- 2,900 ft²
$6,600 /mo
- 3 Beds
- 2 Baths
- 1,860 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017