5241 Springwater Avenue
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 8, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | Listed by Sendero Properties, LLC | $265,000 | |
| Listed by Sendero Properties, LLC | |||
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This one is a WOW! Beautiful well maintained brick home. Lots of curb appeal. 3 bedrooms 2 baths. Spacious living area with fireplace. Island kitchen features granite countertops, stainless steel appliances and tons of storage. Separate dining room. Split bedroom arrangement. Primary bedroom and bath has double vanity, soaking tub, walk in shower and oversized walk in closet. Laundry room. Oversized garage. New stained privacy fence, large storage shed and extended concrete patio makes outdoor entertaining fun! Sprinkler system. Wylie Schools. Minutes to Dyess AFB.
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| Aug 31, 2020 | Sold | ||
| Sold | |||
| Aug 7, 2020 | Listed by Sendero Properties LLC | $217,800 | |
| Listed by Sendero Properties LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017