637 SPRING OAK CIRCLE
About This Property
The gourmet kitchen is a true highlight, complete with high-end stainless steel appliances, quartz countertops, and a large center island perfect for family gatherings. The primary suite offers a private sanctuary, featuring a spa-like bathroom with a soaking tub, walk-in shower, and dual vanities. Each additional bedroom is thoughtfully designed, providing comfort and privacy for family members or guests.
Outside, the beautifully landscaped backyard features a shimmering pool surrounded by ample patio space, ideal for hosting gatherings or enjoying peaceful evenings under the stars. Located in a secure, gated community with convenient access to playgrounds, parks, and walking trails, this home offers a perfect blend of exclusivity and comfort. Just minutes from excellent schools, shopping, and dining, this property is ideal for those seeking an upscale, family-oriented lifestyle.
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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 |
|---|---|---|---|
| Apr 21, 2025 | Sold | ||
| Sold | |||
| Mar 6, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Price Decreased |
$629,900
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Feb 14, 2025 | Price Decreased |
$634,900
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Nov 13, 2024 | Listed by EXP REALTY LLC | $639,900 | |
| Listed by EXP REALTY LLC | |||
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About River Oaks at Timber Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017