2402 Springwood Lane
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 |
|---|---|---|---|
| Mar 11, 2024 | Sold | ||
| Sold | |||
| Jan 26, 2024 | Listed by Christies Lone Star | $825,000 | |
| Listed by Christies Lone Star | |||
| Aug 27, 2020 | Sold | ||
| Sold | |||
| May 5, 2020 | Listed by Keller Williams Realty Allen | $395,000 | |
| Listed by Keller Williams Realty Allen | |||
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This beautiful home nestled in the heart of Richardson is ready to call home. The huge living room has an open floor plan with hardwood floors thru out the first floor. This gem has an incredible bar area off the kitchen for plenty of fun. The kitchen boasts lots of cabinetry, beautiful granite counters, stainless app and dbl ovens,plus induction cook top with breakfast bar. Private master is over sized and has a separate sitting area plus a huge closet for all storage needs. First floor has an additional bonus with another full bath and bedroom. This home has additional storage thru out plus extra large utility pantry for all the extras. The amazing space outdoors even has additional multiple storage sheds.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017