4005 Spring Forest Drive
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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, 2024 | Sold | ||
| Sold | |||
| Aug 24, 2024 | In contract | - | |
| In contract | |||
| Aug 13, 2024 | No longer available | - | |
| No longer available | |||
| Aug 12, 2024 | Listed by Gregtxrealty | $389,995 | |
| Listed by Gregtxrealty | |||
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Located in the desirable Springfield subdivision, this beautifully updated home offers 4 spacious beds & 2.5 modern baths. The kitchen boasts updated cabinets, a stylish tile backsplash, SS appliances including a gas range & stunning granite countertops that open seamlessly to the family room with a fireplace. Enjoy the elegance of porcelain flooring on the 1st floor & vinyl plank flooring upstairs. Tranquil primary suite w/ a spa-like bath featuring double sinks, granite vanity & separate tiled tub & shower. Recent updates include a new roof (less than 5 yrs old), Hardy Plank siding on the exterior & double-pane low E windows throughout. Efficient 15 Seer AC less than 5 yrs old & the pool equipment was replaced within the past year. Smart features like touch faucet, smart lights & Nest thermostat. The backyard oasis includes a sparkling pool & spa perfect for relaxation & entertaining. Experience the perfect combination of modern convenience & comfort in this beautifully updated home.
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| Jul 27, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017