4209 Spring Lake Parkway
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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 |
|---|---|---|---|
| Apr 29, 2021 | Sold | ||
| Sold | |||
| Mar 18, 2021 | Listed by VIP Realty | $399,900 | |
| Listed by VIP Realty | |||
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Highly sought after Mansfield ISD. Beautiful landscaping with inviting front porch. Your open floor plan is perfect for entertaining with a great flow thru out the downstairs. Kitchen offers a large island, granite counter tops, gas stove, lots of cabinets, counter space & a built in buffet. Huge master retreat incls lots of natural light, a sitting area, spa like bath & WI closet. Upstairs features a 2nd master w. private bath & 2 additional large bedrooms, a baths, a game room & hmwork station. The large fenced yard has plenty of room for a pool and additional space. The roof & Ac unit downstairs has been replaced in 2020. Seller needs a lease back until May 20.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017