581 Spring Road #60
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%.
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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.
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 15, 2019 | Sold | ||
| Sold | |||
| Oct 29, 2018 | No longer available | - | |
| No longer available | |||
| Oct 27, 2018 | Listed by RE/MAX ONE | $310,000 | |
| Listed by RE/MAX ONE | |||
| Apr 23, 2018 | Listed | $319,500 | |
| Listed | |||
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Wonderful Park Springs Condos located in Moorpark. This 1038 sqft. single story top floor condo features 3 spacious bedrooms and 2 baths. Upgraded with Hardwood flooring, fireplace in open living room. Newer oven/stove. Unit is located at the end of complex, so no neighbor or building to one side nor top of the unit. 2 single car garages plus 1 reserved space. Tons of extra parking. HOA pool, playground, greenbelts, pet friendly. Moorpark School District. Walk to Moorpark Historic High Street, shops, restaurants and Train Stop. The manager has listed the unit size as 1038 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/28/2021
| |
3 Bed
|
2 Bath
|
1038 ft²
|
$365,000
3 Bed
2 Bath
1038 ft²
|
-
-
|
Karlee Thompson
Engel & Volkers Westlake Village
|
|
08/22/2019
|
3 Bed
|
2 Bath
|
1270 ft²
|
$345,000
3 Bed
2 Bath
1270 ft²
|
$345,000
10/17/2019
|
Maria Amarillas-DeGilli...
Keller Williams R. E. Services
| |
|
10/27/2018
|
3 Bed
|
2 Bath
|
1038 ft²
|
$310,000
3 Bed
2 Bath
1038 ft²
|
$305,000
-1.61%
04/15/2019
|
Kari Diamond
RE/MAX ONE
| |
|
04/23/2018
|
3 Bed
|
2 Bath
|
1038 ft²
|
-
3 Bed
2 Bath
1038 ft²
|
-
-
|
-
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017