697 Spring Lake Drive
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| Jun 4, 2026 | Listed by Ellingson Properties | $895,000 | |
| Listed by Ellingson Properties | |||
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An extraordinary, completely remodeled residence on the Par 5 Challenge at Suntree Country Club this east-facing home captures morning light over sweeping fairway and greenside vistas. Thoughtfully reimagined with an open-concept plan, the living spaces flow effortlessly: a chefs kitchen with high-end finishes and center island, an expansive great room with walls of glass framing the golf panorama, and a seamless transition to a covered lanai and resort-style pool ideal for entertaining or serene private mornings.
The home offers three generous bedrooms and three baths, each finished with clean and updated fixtures, custom tile work, and spa-inspired details in the owner's suite. Designer touches and quality millwork are found throughout: recently updated flooring, modern lighting, clean architectural lines, and built-ins that balance form and function. A three-car garage provides abundant storage and convenience.
Located inside the prestigious Suntree Country Club, this home combines refined, contemporary design with the relaxed lifestyle of golf-course living. Experience golf views from nearly every main living area, impeccable finishes, and a floor plan designed for both entertaining and everyday comfort.
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| Oct 2, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017