637 Spring Crest Dr Drive
About This Property
The open floor plan seamlessly connects the living room to the dining area and kitchen, creating an inviting atmosphere for gatherings and everyday living.
The kitchen boasts ample cabinet space, modern appliances, and a breakfast bar. Adjacent to the kitchen, the dining area offers easy access to the backyard through sliding glass doors, making outdoor dining a breeze.
The primary bedroom is generously sized and features a walk-in closet and an ensuite bathroom. Two additional bedrooms provide plenty of space for guests, or a home office, each with ample closet space and easy access to the second full bathroom.
The backyard is a private oasis with a covered patio area and low-maintenance landscaping.
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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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Price Decreased |
$340,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Sep 21, 2024 | Price Decreased |
$349,500
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Aug 30, 2024 | Price Decreased |
$359,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017