3107 Clear Springs Drive
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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 |
|---|---|---|---|
| Aug 28, 2020 | Sold | ||
| Sold | |||
| Jul 6, 2020 | Listed by Kile Properties | $275,000 | |
| Listed by Kile Properties | |||
| Jul 29, 2019 | No longer available | - | |
| No longer available | |||
| Apr 6, 2019 | Listed | $265,000 | |
| Listed | |||
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Beautiful move-in ready home! Home features 4 bedrooms, 2.1 bathrooms, 2 living areas, office, and formal dining room. When entering you'll notice the ceramic tile wood floors throughout downstairs living area with formal dining room & private office with french doors. Spacious kitchen with SS appliances overlooking the living room. Large master bedroom with a wonderful bathroom which includes dual vanities, garden tub, separate shower, and walk-in closet. Upstairs you'll enjoy the additional 3 bedrooms with walk-in closets, full bathroom, and 2nd living room perfect for entertainment or for the kids. Enjoy the large backyard with extended patio and pergola addition for entertainment and relaxation. The manager has listed the unit size as 2939 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017