3095 SPRING 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 |
|---|---|---|---|
| May 21, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | Listed by Dickerson & Nieman Realtors - Rockford | $255,000 | |
| Listed by Dickerson & Nieman Realtors - Rockford | |||
| Jan 25, 2023 | No longer available | - | |
| No longer available | |||
| Dec 13, 2022 | In contract | - | |
| In contract | |||
| Dec 8, 2022 | Listed by Dickerson & Nieman | $205,000 | |
| Listed by Dickerson & Nieman | |||
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Welcome to Spring Lake Estates! Move right into this lovingly maintained traditional 4 bedroom, 2.5 bath home. Once inside the front door, there's a staircase on your right and to your left a living room which gives way to a dining room and around the corner is your beautifully updated kitchen. Custom cabinetry, a meticulously laid tile floor and good flow to the family room are sure to impress. A conveniently located powder room and stairs to the basement finish off the first floor. Upstairs are four nice sized bedrooms with gorgeous hardwood floors and two full bathrooms. The basement has some finished space for you to unwind and a workshop with cabinetry. The garage has a secondary door made of screens so you can thoroughly enjoy those spring/summer/fall get togethers! Roof 2014, furnace 2018, A/C 2019, stove 2020 and the sump pump 2021. Don't miss out on this opportunity to own in one of Rockford's most sought-after neighborhoods. The manager has listed the unit size as 1243 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017