2507 Gwenfair 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 |
|---|---|---|---|
| Jan 19, 2024 | Sold | ||
| Sold | |||
| Dec 19, 2023 | In contract | - | |
| In contract | |||
| Oct 13, 2023 | Listed by RE/MAX Elite Properties | $232,000 | |
| Listed by RE/MAX Elite Properties | |||
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Great house! It has a three-bedroom split plan with a fireplace. The community is quiet and conveniently located right off 45 and Cypresswood, providing easy access to 99. The appliances are made of stainless steel. The primary suite bathroom includes a spa tub, shower, and double sinks. Carpet can only be found in the bedrooms, while the rest of the home is tiled. The house has been meticulously maintained. There is a covered front porch and a back porch. Additionally, it is close to John Pundt Park, which offers paved walking/biking trails, a dog park, picnic tables, and playgrounds. You can also enjoy canoeing in Spring Creek.
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About Park Spring
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,600 /mo
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$2,150 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017