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3121 High Creek Rd
About This Property
The Warm Springs subdivision offers a gated community, 7 stocked fishing ponds, endless trails, adjacent national forest, clubhouse, tennis/pickleball court, open space. Perfect primary or vacation home.
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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 |
|---|---|---|---|
| Apr 24, 2023 | Sold | ||
| Sold | |||
| Sep 23, 2022 | Listed by Nelson Walley Real Estate, LLC | $650,000 | |
| Listed by Nelson Walley Real Estate, LLC | |||
| | |||
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Perched atop a ridge with spectacular south facing views this home enjoys great solar exposure. The spacious master suite on the lower level has an electric fireplace and a private walkout patio. Continuing to the upper level is the great room with vaulted ceilings and a wall of windows providing ample light and endless views. The updated kitchen boasts new black stainless steel appliances, granite counter tops and a large island which is great for entertaining. Continue down the hall to find the additional two bedrooms and bathroom. Enjoy the view from either the large deck off the kitchen or the newly xeriscape yard.
The Warm Springs subdivision offers a gated community, 7 stocked fishing ponds, endless trails, adjacent national forest, clubhouse, tennis/pickleball court, open space. Perfect primary or vacation home.
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| Mar 22, 2018 | Sold | ||
| Sold | |||
| Oct 13, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017