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6442 SPRING FOREST ROAD
About This Property
Spring Ridge community offers four pools and a splashpad, tennis & pickleball courts , soccer field, gaga pit (I had to google it too), two basketball courts, nine playgrounds, hiking trails, 20+ miles of paths/sidewalks, and it's own shopping center. The community hosts spring & fall festivals and weekly food trucks.
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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 |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Listed by Hagan Realty | $775,000 | |
| Listed by Hagan Realty | |||
| | |||
|
Corner lot with 9' ceilings and towering windows means this home is full of natural light and the open plan design takes advantage of it beautifully. Myriad updates including an architectural shingle roof (2021), 75 gallon gas water heater (2024), carpets (2024), and more. Spacious, fully fenced back yard with two-tiered deck, fire pit, and storage shed. Fully finished basement features a huge rec room with bar, fifth bedroom/den, full bath, and storage.
Spring Ridge community offers four pools and a splashpad, tennis & pickleball courts , soccer field, gaga pit (I had to google it too), two basketball courts, nine playgrounds, hiking trails, 20+ miles of paths/sidewalks, and it's own shopping center. The community hosts spring & fall festivals and weekly food trucks.
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| May 9, 2013 | Sold | ||
| Sold | |||
| Jun 29, 2001 | Sold | ||
| Sold | |||
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About Spring Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017