2432 SE Springtree Place
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 |
|---|---|---|---|
| May 9, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by RE/MAX of Stuart | $510,000 | |
| Listed by RE/MAX of Stuart | |||
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This 3-bedroom 2 bath charming pool home is nestled in the gated community of Springtree. This property offers a back yard tropical oasis with its heated screen enclosed pool, private yard, and lots of natural landscape. Inside, the home exudes warmth and comfort, with a spacious open floor plan that invites gatherings and allows for plenty of natural light to filter through. The interior has been lovingly maintained, evident in the updates including a new roof installed in 2022, a new AC unit added in 2021, and a new gas water heater installed in 2024. Further enhancing the appeal of this lovely home, recent upgrades such as a new pool heater (2020), new accordion shutters (2020), and new LVT flooring and baseboards (2020) ensure modern convenience and aesthetic charm. Conveniently located close to shopping centers, restaurants, and schools, this property offers not just a home, but a lifestyle of convenience and comfort.
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| Jul 27, 2020 | Sold | ||
| Sold | |||
| Jun 1, 2020 | Listed by Berkshire Hathaway Florida Realty | $299,900 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| Jun 6, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017