40 Springview Ln #B104
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%.
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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 |
|---|---|---|---|
| Feb 15, 2024 | Listed | $994,000 | |
| Listed | |||
| | |||
|
This luxury condo includes a garage upgrade worth $60K, lives like a 3 bedroom & you will love the privacy this condo offers. Easily step out to your wrap-around patio and enjoy the courtyard feel of your surroundings. Perfect for your fury friends! Arguably the ideal mountain escape and/or rental this summer. With two large bedrooms plus a non-conforming 3rd bedroom or den with two sets of bunks, the condo lives large. LVP Flooring with radiant heat aids to the warmth and comfort. Condo is light and bright thanks to the south and west facing views. Large chef's kitchen with 42 in cabinets, quartz countertops and stainless Whirlpool appliances opens to the spacious dining room and large living room with 10 ft ceilings throughout providing ample space for family and friends.
Ground floor location makes access a breeze, especially when
the Lift bus stops adjacent to the building. Enjoy the convenient location close to grocery, restaurants and hiking trails. You will love to store all your toys and equipment in your nearby detached garage or your private ski locker and leave your worries behind!
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| Apr 4, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by RE/MAX Peak to Peak | $899,900 | |
| Listed by RE/MAX Peak to Peak | |||
| May 27, 2020 | Listed | $499,100 | |
| Listed | |||
| | |||
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Reserve your Elk Creek Condo today! These one bedroom, one bath, plus study start at $499,100. Optional garage spaces available for $50,000. These condos are on the bus route and offer convenient location to town and recreation. Private fishing ponds, miles and miles of hiking and biking trails.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/15/2024
|
3 Bed
|
2 Bath
|
1312 ft²
|
$994,000
3 Bed
2 Bath
1312 ft²
|
-
-
|
Amanda Solomon
Real Estate of Winter Park LLC
| |
|
05/08/2022
|
2 Bed
|
1 Bath
|
1286 ft²
|
$949,000
2 Bed
1 Bath
1286 ft²
|
$930,000
-2.00%
06/01/2022
|
Sheila Bailey
Keller Williams Advantage Realty LLC
| |
|
05/08/2022
|
2 Bed
|
2 Bath
|
1286 ft²
|
$949,000
2 Bed
2 Bath
1286 ft²
|
$930,000
-2.00%
06/01/2022
|
Sheila Bailey
Keller Williams Advantage Realty LLC
| |
|
03/03/2022
|
2 Bed
|
2 Bath
|
1312 ft²
|
$899,900
2 Bed
2 Bath
1312 ft²
|
$957,000
+6.35%
04/04/2022
|
Kristen Meyer
RE/MAX Peak to Peak
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017