3031 Spring Mountain Dr
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 |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | Listed by Realty One Group Fourpoints CO | $875,000 | |
| Listed by Realty One Group Fourpoints CO | |||
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Experience Colorado living at its finest in this 2-story home with a main floor primary suite, nestled on a peaceful cul-de-sac at the edge of town. Set on nearly half an acre, the property boasts sweeping, unobstructed mountain views that will never be built on - protected by Eagle Ridge Open Space's 186 acres directly to the west, plus 27 acres of neighborhood open space. Wildlife sightings and quiet evenings on your front deck or back patio make every day feel like a retreat. Inside, you'll find 5 bedrooms, 4 baths, and an oversized garage, plus a versatile walkout basement with private entrance and kitchenette - ideal for multigenerational living or guests. This rare blend of country serenity and city convenience is a true gem. Be sure to watch video walkthrough and drone footage.
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| Nov 25, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017