3421 Spring Hill Drive
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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%.
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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 19, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2025 | Listed by MELROSE REALTY LLC | $395,000 | |
| Listed by MELROSE REALTY LLC | |||
| Sep 16, 2022 | No longer available | - | |
| No longer available | |||
| Jul 29, 2022 | Listed by Hamilwood Real Estate | $389,900 | |
| Listed by Hamilwood Real Estate | |||
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Gorgeous updated home in desirable Spring Hill community! Step inside and be greeted with a bright interior that has tons of natural light, beautiful light fixtures, new flooring that is carried throughout & pops of color. The kitchen features stainless steel appliances (including a double oven!), quartz countertops, breakfast area &flows to the formal dining space too. Off the kitchen is a half bath and 2nd living room w/ fireplace & bookshelves. The master is a spacious suite with walk-in closet & bath with a large luxurious shower, dual sinks & natural light. The other three bedrooms are all nicely sized with good closet space too! Outside, the big backyard has privacy fencing & patio making it a great spot for entertaining. Other great features of this home are interior laundry room and being within walking distance to neighborhood park & Chisholm Elem. Conveniently located to I35, Broadway Ext, Kilpatrick Turnpike & Lake Arcadia. Schedule your showing today! The manager has listed the unit size as 2392 square feet.
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About Edmond
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017