31671 Silver Spruce 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 |
|---|---|---|---|
| Apr 7, 2025 | Listed | $395,000 | |
| Listed | |||
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Welcome to this charming 1934 Running Springs home. This 3 bedroom, 1 bathroom home offers the perfect blend of rustic character and modern comfort. The inviting front brick porch welcomes you as you step into a space that’s been thoughtfully updated while preserving its original charm.
The main level features a spacious bedroom with backyard access, along with a full bathroom for convenience. The quaint kitchen, accented with knotty pine walls, is paired with a dining area that leads to a side brick patio — ideal for outdoor meals or relaxation. A spacious living room, complete with a wood-burning fireplace, flows into the back deck, creating a warm, inviting space for family gatherings or quiet evenings. New laminated wood flooring has been added, enhancing the home’s natural beauty.
Upstairs, you’ll find two additional bedrooms, providing ample space for family, guests, or a home office. Recent updates include newer dual-pane windows throughout, a new roof, furnace, and back deck, offering peace of mind for years to come.
This home also includes indoor laundry, off-street parking with a detached single-car garage, a driveway, and a front parking area, making it a practical choice for full-time living or a weekend getaway. Its location is unbeatable — just minutes from the Snow Valley Ski Resort, local hiking trails, and fishing spots. With easy access to Highway 18, this charming cabin offers both convenience and serenity. Don’t miss out on the opportunity to make this mountain retreat your own!
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| Jun 18, 2020 | Sold | ||
| Sold | |||
| May 1, 2020 | Listed by RE/MAX LAKESIDE | $235,000 | |
| Listed by RE/MAX LAKESIDE | |||
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Stop the search; this is THE one! Darling cabin just one block off the highway and walking distance into town is ready for new owners this summer. Main floor has the light and bright living room, kitchen, dining room area, large bedroom, bathroom and laundry area. Upstairs is another bedroom and a bonus area for games, an office;den or third sleeping area. The hone features dual pane windows, central heat and vintage cabin charm The front patio and back deck provide very nice outdoor eating and entertaining spaces. Top this great cabin off with a GARAGE and it's exactly what you have been searching for.
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| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Jan 16, 2020 | Price Decreased |
$235,000
↓ $10K
(4.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017