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451 Spring Ridge Road
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%.
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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Listed by Redfin Corporation | $585,000 | |
| Listed by Redfin Corporation | |||
| Feb 14, 2025 | Price Decreased |
$595,000
↓ $25K
(4%) | |
| Price Decreased | |||
| Dec 4, 2024 | Listed | $620,000 | |
| Listed | |||
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Colorado style land with hills and creek perfect for outdoor enthusiast. Nestled in your private serene forest surrounded by nature, this enchanting rustic home sits on 30+ acres and welcomes you to embrace a tranquil country lifestyle. As you ascend to second level the wrap around porch offers picturesque views of the sprawling canopy. Enter the open concept main living space featuring a kitchen adorned with craftsman style cabinetry, solid stone counters and modern upgraded appliances, a living area with large windows flanking the stone fireplace. Split floor plan offer a private principal bedroom, simple en-suite bath & large walk-in closet. Two generous secondary bedrooms & bath round out the ample living space, w/oversized laundy room. Downstairs private 4th bedroom/flex space or quarters with additional unfinished space. The property has an elevator and supersized 4+ car garage. Close proximity to Lake Livingston with abundance of fishing and watersports & boat ramp. Have it all
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017