391 Springdale Circle
About This Property
Welcome to this bright and spacious 2-bedroom, 2-bath corner villa featuring vaulted ceilings, a desirable split floor plan, and a private fenced patio-perfect for relaxing or entertaining.
The home offers accordion shutters, an A/C system (2015), a water heater (2023), and a roof installed in 2005.
''SELLER IS OFFERING A $10,000 CREDIT AT CLOSING TOWARD A BRAND-NEW ROOF''
Ideally located just steps from the clubhouse, pool, and tennis courts in a well-maintained community. Conveniently close to shopping, schools, parks, and major highways.
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Jan 21, 2026 | Price Decreased |
$273,000
↓ $7K
(2.5%) | |
| Price Decreased | |||
| Dec 6, 2025 | Price Decreased |
$279,999
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Nov 6, 2025 | Price Decreased |
$285,000
↓ $8K
(2.7%) | |
| Price Decreased | |||
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About Springdale Homes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017