38
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432 Wolf Springs RD
About This Property
Rare FIVE-bedroom plus study home
Spacious Wolf Ranch Home with Oversized Backyard and Dual Outdoor Living Areas
Modern living in the heart of Wolf Ranch. Built in 2022, this thoughtfully designed 5-bedroom home offers a bright, open layout with seamless flow between kitchen, dining, and living spaces, ideal for both everyday living and entertaining.
A standout feature of the property is the large backyard with two distinct outdoor living areas, offering flexible space for entertaining, outdoor dining, play, or quiet relaxation. This rare setup creates a true extension of the home and adds exceptional usability to the outdoor space.
The main level features abundant natural light, a spacious kitchen with generous prep and storage space, and a comfortable living area that anchors the home. The layout is designed for flexibility, offering multiple bedrooms and functional spaces for guests, work, or multi-generational living.
Upstairs, well-proportioned bedrooms provide privacy and separation from the main living areas, creating a balanced and practical floorplan.
Located in the highly desirable Wolf Ranch community, residents enjoy access to resort-style amenities, trails, parks, and convenient proximity to shopping, dining, and major roadways, making daily life both easy and connected.
This home combines newer construction, thoughtful design, and exceptional outdoor living space in a strong community setting, ready for its next owner to move in and make it their own.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Price Decreased |
$424,900
↓ $25K
(5.6%) | |
| Price Decreased | |||
| May 23, 2026 | Price Decreased |
$450,000
↓ $25K
(5.3%) | |
| Price Decreased | |||
| May 22, 2026 | Price Decreased |
$475,000
↓ $4K
(0.8%) | |
| Price Decreased | |||
| May 13, 2026 | Price Decreased |
$479,000
↓ $20K
(4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017