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33746 SPRING 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 |
|---|---|---|---|
| Sep 25, 2026 | Listed by DAVE LOWE REALTY, INC. | $540,000 | |
| Listed by DAVE LOWE REALTY, INC. | |||
| Sep 10, 2026 | Sold | ||
| Sold | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Listed by MORRIS REALTY AND INVESTMENTS | $550,000 | |
| Listed by MORRIS REALTY AND INVESTMENTS | |||
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LOW ELECTRIC BILLS…STUNNING WATERFRONT LIVING! Don’t miss this incredible opportunity to own an immaculate home where beauty meets energy efficiency. Enjoy the benefits of solar power with a low monthly solar payment that gives you an average electric bill of only $15 per month—a savings you’ll appreciate year-round! Exceptional curb appeal welcomes you with mature landscaping and majestic live oak trees, while peaceful waterfront views of Spring Lake create your own private retreat where you can fish right from your backyard. Plus, you’ll enjoy private, deeded access to Silver Lake Drive! Inside, timeless elegance begins in the foyer and flows into the formal living and dining rooms. The spacious family room features a cozy wood-burning fireplace and sliding pocket glass doors that seamlessly open to the screened lanai, bringing the outdoors in. The impressive kitchen with brick accents is the heart of the home, showcasing custom granite countertops, a striking center island, newer stainless-steel appliances, a walk-in pantry, and a sunny breakfast nook. Escape to the expansive primary suite with a custom walk-in closet and luxurious ensuite spa bath. Guests will appreciate their own private ensuite bedroom with a charming window seat for relaxing while bedrooms three and four share a convenient Jack-and-Jill bath. The screened lanai with easy-care river rock flooring offers breathtaking views of the water, lush landscaping, and abundant nature—perfect for morning coffee or evening sunsets. The oversized laundry room is packed with storage, includes a refrigerator, and even features a hidden safe for your valuables. Built for comfort and efficiency, this exceptional home includes extra insulation and three separate A/C units for year-round climate control. Homes offering this combination of elegance, waterfront beauty, and incredibly low utility costs are rare. Schedule your private showing today and discover the lifestyle you’ve been dreaming of!
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| Jul 19, 2026 | Price Decreased |
$550,000
↓ $25K
(4.4%) | |
| Price Decreased | |||
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About Silver Lake Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017