357 Spring Meadow Drive
About This Property
$54K Plus updates and upgrades! Experience luxury living in the highly sought-after Villages of Fairview! This impeccable two-story home features 5 spacious bedrooms, 3.5 baths, and an exceptional open-concept floorplan perfect for both everyday living and entertaining. Step into the grand living room with soaring 18-foot ceilings, dramatic wall-to-wall windows, and a stunning floor-to-ceiling stone fireplace overlooking the beautifully landscaped backyard. The gourmet kitchen is a chef's dream with granite countertops, stainless steel appliances, gas cooktop, and bright breakfast nook. The luxurious primary suite offers separate vanities, relaxing garden tub, separate shower, and generous walk-in closet. Upstairs features spacious secondary bedrooms, convenient Jack-and-Jill bath, and additional living areas ideal for game room, media room, or home office. Rich mahogany hardwood floors flow throughout the first floor, adding warmth and elegance throughout the home. Conveniently located near shopping, dining, parks, and major highways, this home offers both comfort and accessibility in one exceptional package!
Key updates provide true move-in-ready peace of mind, including brand new carpet, 1 new AC (2026), new roof (2024), GE cooktop (2024), water heater with leak alarm (Winter 2025), and almost new Bosch dishwasher plus premium GE oven (Feb 2026). Enjoy enhanced water quality with the Eco whole-house water softener and drinking system installed in Summer 2023. Exceptional maintenance and premium upgrades make this home a rare find!
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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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Listed by Real Estate Bridge | $549,000 | |
| Listed by Real Estate Bridge | |||
| Jun 16, 2026 | No longer available | - | |
| No longer available | |||
| Jun 9, 2026 | Price Decreased |
$549,000
↓ $30K
(5.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017