650 Spring Forest Drive
About This Property
Inside, the home is beautifully decorated, with large secondary bedrooms featuring stylish accent walls and a shared bathroom. The oversized primary bedroom offers a private bath and a roomy walk-in closet.
Step outside to your own backyard paradise, where a full outdoor kitchen awaits. This entertainer's dream includes a Blackstone griddle, space for a Big Green Egg, sink, ice maker, cooler, beer tap, and room for a smoker. The vast, flat yard is fully fenced, featuring a storage shed and a fire pit for ultimate outdoor enjoyment. This home truly has it all-custom touches, ample space, and an inviting outdoor retreat.
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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 |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by Keller Williams Realty Atlanta Partners | $375,000 | |
| Listed by Keller Williams Realty Atlanta Partners | |||
| Oct 30, 2019 | Sold | ||
| Sold | |||
| Sep 6, 2019 | Listed by Keller Williams Realty Atlanta Partners | $218,000 | |
| Listed by Keller Williams Realty Atlanta Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017