6848 SPRING LAKE Road
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%.
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 |
|---|---|---|---|
| Aug 13, 2026 | Listed by CAMELLIA REAL ESTATE LLC | $229,950 | |
| Listed by CAMELLIA REAL ESTATE LLC | |||
| Dec 1, 2025 | Listed | $240,000 | |
| Listed | |||
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Great 2 bedroom 2 bath home on Spring Lake. The home sits on 2 acres and has been updated. Enjoy this serene oasis.
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| Sep 23, 2025 | Price Decreased |
$249,999
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Aug 22, 2025 | Listed | $260,000 | |
| Listed | |||
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Welcome home! Charming single-story 2-bedroom, 2-bath home on over 1-acre located on Spring Lake. Enjoy your oasis with a morning cup of coffee overlooking the Lake! This home features a metal roof, a beautiful yard and a ton of storage. This property boasts an exceptional location, blending the tranquility and seclusion of rural life with the convenience of being just minutes from local shops, restaurants, and essential amenities. Nearby Camp Blanding offers recreational activities and easy access for the military community. With major highways close by, commuting or traveling to nearby areas is effortless, while still allowing you to savor a peaceful, relaxed lifestyle. Whether you’re looking for a serene retreat, a charming starter home, or a property to personalize, this home is the perfect fit.
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| Aug 1, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017