7005 E Spring Street
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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 |
|---|---|---|---|
| Dec 3, 2019 | Sold | ||
| Sold | |||
| Sep 27, 2019 | Listed by First Team Real Estate | $948,000 | |
| Listed by First Team Real Estate | |||
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This warm & welcoming 4 bed 3 bath Cliff May Rancho situated on a premier corner lot superbly blends Vintage Mid-Century architectural details with amazing & sophisticated modern upgrades for some major wow factor! The spacious, open floor plan oriented around a private courtyard with fire table, fountains & secluded spa, serenely compliments a stunning kitchen featuring custom cabinetry, cool glass back splash, gorgeous Quartz counter tops & Center Island that is truly the heart of this home. Enjoy views of El Dorado Park & Golf Course from the great room enhanced by rich wood flooring, vaulted & beamed ceilings with skylights & inviting fireplace with brick surround & re-purposed wood mantle. The master suite with trend setting accent wall & beautifully updated bath has glass door access to the lush courtyard, while 2 additional bedrooms open onto a totally boss putting green. The multi-purpose family room and 4th bedroom/ bath offer endless possibilities such as mother-in-law/man cave/ teenager options rarely afforded in a Cliff May. Add to this some serious upgrades including central heat & air conditioning, updated plumbing, tank less water heater, indoor/outdoor surround sound, keyless entry, Ring doorbell & Nest Home thermostat...What are you waiting for? Your perfect Mid Century Modern residence awaits!
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 20, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $920,000 | |
| Listed | |||
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Set adjacent to 800 acre El Dorado Park, this Cliff May designed “Rancho” delivers midcentury modern architecture, openness, light, and space. This residence is one of just a few in the Rancho Estates that has three bathrooms, in addition to four bedrooms and a spacious den/studio/office space. The outdoor space is generous as well with two separate entertaining areas - a private courtyard with patio, gas firepit, small lawn and spa area, and an additional generous patio and lawn area on the west end of the property. The entire property is professionally landscaped with succulents and palms to create a lush and colorful environment that is calming and peaceful. Great care and expense went into transforming this home into the exceptional residence that you see today. It will make a terrific home for the individual who desires Cliff May’s midcentury modern style combined with added space and comforts. The manager has listed the unit size as 1950 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017