2516 SE Springtree Place
About This Property
Gorgeous kitchen featuring white soft-close cabinetry with granite counters, marble backsplash, gas stove, SS GE appliances! Updated baths with new marble vanities, new flooring, plus frameless shower in master bath. Freshly painted interior with luxury laminate flooring throughout all main living areas plus all new light fixtures & fans! Newly landscaped plus fully fenced yard. Too many new features to list, a definite must see home!
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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.
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 |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Listed by Keller Williams of the Treasure Coast | $499,999 | |
| Listed by Keller Williams of the Treasure Coast | |||
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This beautifully updated 3-bed, 2-bath, 2-car garage concrete block home with a BRAND NEW 9/2024 ROOF in the desirable Springtree community is a must-see! The gourmet kitchen is a chef’s dream, featuring soft-close white cabinetry, stunning granite countertops, a marble backsplash, and a gas stove with S/S GE appliances. Both bathrooms have been tastefully remodeled with marble vanities, newer tile flooring, & a frameless glass shower in the primary ensuite. Enjoy the FRESHLY PAINTED light & bright interior with vaulted ceilings, crown molding, luxury easy-care flooring throughout the main living areas, and complemented by newer light fixtures & fans. The fully fenced backyard offers privacy & space for outdoor living. A perfect blend of style & comfort, this home is ready for you!
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| Mar 4, 2019 | Sold | ||
| Sold | |||
| Jan 23, 2019 | Listed by Keller Williams Realty | $279,000 | |
| Listed by Keller Williams Realty | |||
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017