54 Princeton Drive
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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%.
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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.
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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 30, 2024 | Sold | ||
| Sold | |||
| Feb 16, 2024 | Listed by Equity Union | $1,175,000 | |
| Listed by Equity Union | |||
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Introducing the perfect oasis for desert living and breathtaking mountain views! This stunning updated home is located in the highly sought-after community of The Springs and features 3 bedrooms, 3 bathrooms, with a private pool & spa! The living area features an open floor concept, creating a seamless flow between the living and dining areas. Cozy up by the stone fireplace, entertain guests at the bar, or simply unwind in the comfort of this thoughtfully designed space. The kitchen is a chef's dream, boasting quartz countertops, custom cabinetry, subzero refrigerator and a new cooktop. Equipped with a wine refrigerator and large pantry, it's never been easier to sip on your favorite vintage while preparing a delicious meal. Adjacent to the kitchen is a small den area that leads out to the expansive backyard, perfect for enjoying the stunning views and warm desert breeze.The primary suite is a true retreat, offering ample space and a walk-in closet. Relax and rejuvenate in the luxurious bathroom, complete with modern fixtures and finishes. The guest room is equally as spacious and luxurious, with access to a lovely front private courtyard. Currently serving as an office, the third bedroom provides flexibility and can easily be transformed to suit your needs.Updates include new tile and pebble tec for the pool, a new variable speed pool pump, a new furnace and 31 owned solar panels for energy efficiency. The Springs offers an array of amenities for residents.
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| May 31, 2022 | Sold | ||
| Sold | |||
| May 11, 2022 | Listed by Bennion Deville Homes | $1,175,000 | |
| Listed by Bennion Deville Homes | |||
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Updated 3 Bed-3 Bath Pinehurst floor-plan with beautiful mountain views. This home has a private pool, spa and owned solar. Stone floors with carpeted bedrooms. The Springs has a private 18 hole golf course, state of the art fitness center, 8 tennis courts (2 clay), 12 pickle-ball courts and 2 bocce courts. The Springs is across from Eisenhower Medical campus and just down the road from The River. The River complex has restaurants, cinema and shopping. The Springs is where you belong.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017