3 SPRINGCRESS DR
About This Property
The hardwood flooring throughout the main level adds warmth and elegance to the space, while the fully finished basement offers additional living space and an additional office/study perfect for working from home. The open concept kitchen with modern appliances, and ample counter space is perfect for cooking and entertaining.
The large deck is perfect for all your summertime activities and entertaining guests, and the hot tub provides the perfect way to unwind after a long day.
This property features a brand new roof and has a high-efficiency furnace, ensuring that you stay comfortable and worry-free year-round. The large 2-car garage provides ample parking and storage space for all your vehicles and toys.
Don't miss this opportunity to make this gorgeous home yours! Contact us today to schedule a tour and experience the luxury and comfort that this property has to offer.
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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 |
|---|---|---|---|
| May 1, 2023 | Sold | ||
| Sold | |||
| Apr 4, 2023 | In contract | - | |
| In contract | |||
| Mar 13, 2023 | Listed by HomeSmart First Advantage Realty | $470,000 | |
| Listed by HomeSmart First Advantage Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017