2817 Mossy Springs DR
About This Property
Step inside to soaring 12-foot ceilings, grand 8-foot doors, and a dramatic floor-to-ceiling stone fireplace that anchors the sophisticated living space. The gourmet island kitchen showcases premium upgraded granite, high-end appliances, and a sunroom-style breakfast area that floods the home with natural light. The serene primary suite features a spa-inspired bath with an expansive walk-in shower and frameless glass panel, creating a true retreat.
Designed for effortless indoor–outdoor living, the home boasts multi-slide glass panels that open to a luxurious covered patio-fully plumbed for gas and pre-wired for outdoor entertainment. The recently crafted backyard oasis includes an extended patio with a custom pergola, hot tub, ceiling fans, built-in planters, and an outdoor TV mount and hookup, offering a resort-quality setting for relaxation and hosting.
Practical upgrades abound: the home includes two water heaters to ensure a reliable hot water supply, a whole-home water filtration system, and an oversized 2.5-car garage with an epoxy-coated floor.
Crystal Falls elevates everyday living with unmatched amenities: two resort-style pools featuring a grotto and lazy river, tennis and pickleball courts, miles of scenic trails, a stocked fishing pond, multiple playgrounds, and a disc golf course - all contributing to a lifestyle of comfort, recreation, and luxury.
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Cap Rate Calculator
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 8, 2026 | In contract | - | |
| In contract | |||
| Dec 12, 2025 | Listed by Watters International Realty | $650,000 | |
| Listed by Watters International Realty | |||
| Dec 3, 2025 | No longer available | - | |
| No longer available | |||
| Oct 18, 2025 | Price Decreased |
$680,000
↓ $45K
(6.2%) | |
| Price Decreased | |||
| Oct 9, 2025 | Price Decreased |
$725,000
↓ $15K
(2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017