25319 Springwood Lake 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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 11, 2024 | Relisted | $1,199,900 | |
| Relisted | |||
| Apr 17, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 12, 2024 | Listed by Teifke Real Estate | $1,199,900 | |
| Listed by Teifke Real Estate | |||
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Indulge in the beauty of Cinco Ranch at 25319 Springwood Lake Drive where contemporary elegance and resort-style luxury pair seamlessly on your private corner lakeview lot. This stunning Highland Homes build has been meticulously maintained and upgraded with a brand new roof installed September 2023, two new HVAC units, custom painting and trim, lighting, and landscaping. Enter through the grand foyer with sky-high ceilings and an abundance of natural light. The open-concept floorplan is an exceptional blend of sophistication and functionality with two first-floor living areas and bedrooms. The gourmet kitchen features top-of-the-line GE Monogram stainless steel appliances and a spacious island with seating for casual dining. Retreat to the luxurious primary suite through a private entryway, featuring a spa-like ensuite complete with a soaking tub, dual vanities, and walk-in shower. With a deluxe media room and breathtaking backyard oasis, this home is the ultimate private paradise.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017