3131 Spring Creek 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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Price Decreased |
$510,000
↓ $25K
(4.7%) | |
| Price Decreased | |||
| Sep 11, 2024 | Listed by LPT Realty, LLC | $535,000 | |
| Listed by LPT Realty, LLC | |||
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This beautiful home features 3 bedrooms and 2 full bathrooms and custom touches throughout. The family room features high ceilings with custom beam work, and lots of natural lighting and a wood burning fireplace and a custom dry bar. The kitchen features a custom backsplash and granite countertops and a gas cooktop and a walk in pantry that is a chef's dream. The primary bedroom has custom walk in closet and an updated primary bath featuring double sinks, and a dressing area that includes a separate makeup vanity and dressing area. The two secondary bedrooms are spacious and both feature a walk in closet and share a secondary bathroom with a walk in shower. Under the stairs is a special dog room for your best friend to stay in when you are away. Upstairs is a huge game room or media room with tons of windows overlooking the huge backyard and outdoor kitchen. The 4 car detached garage has its own HVAC system. The 2 sheds in the backyard convey with the home. NO HOA, LOW TAX, NO MUD.
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| Aug 20, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017