3831 Blue 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 |
|---|---|---|---|
| Oct 1, 2025 | No longer available | - | |
| No longer available | |||
| Jul 16, 2025 | Price Decreased |
$345,000
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Jun 13, 2025 | Price Decreased |
$359,900
↓ $15K
(4%) | |
| Price Decreased | |||
| May 22, 2025 | Listed by Texas Premier Realty | $375,000 | |
| Listed by Texas Premier Realty | |||
| | |||
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Welcome to this beautiful 4-bedroom home nestled on a corner lot in a quiet cul-de-sac in desirable Oak Creek Village. This spacious property blends modern comfort with cottage charm, offering exceptional curb appeal and thoughtful design. Go inside to discover a smartly designed floor plan with the primary suite conveniently located on 1st floor and 3 generously sized bedrooms upstairs. The heart of the home has two living areas, connected and centered around a cozy fireplace. The kitchen flows effortlessly into the newly added, covered back porch (May 2024), providing a stunning outdoor living space for entertaining guests, dining al fresco, or enjoying peaceful evenings. The large front and back yards provide plenty of space for kids, pets, or gardening. Car enthusiasts and families alike will appreciate the ex-large, detached 3-car garage and driveway with room for up to 6 vehicles. This unique home is the perfect blend, truly a beautiful place to call home.
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| Sep 29, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017