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706 SPRINGVIEW DRIVE
About This Property
Lovingly cared for by only its second owner, this home blends timeless 1950s character with meaningful modern updates. Major improvements include a new roof (2023), new windows (2021), HVAC (2019), fully remodeled bathrooms with updated plumbing (2023), a new water heater (2023), updated attic insulation, and a septic system recently serviced in April 2026.
From the moment you arrive, the long driveway, ample parking, and two-car carport add everyday convenience. A welcoming front porch leads you inside to a light and bright living and dining area, where beautiful original hardwood floors set the tone for the home's warm character.
The updated kitchen features upgraded 42-inch cabinetry with crown molding, newer stainless steel appliances, dinette space, and a walk-in pantry and utility room. Just off the dining room, a cozy den offers the perfect spot for movie nights, with direct access to the screened porch for easy indoor-outdoor living.
Down the hall, the spacious primary suite features 2 closets and a beautifully updated ensuite bathroom with quartz countertops, a dual-sink vanity, and a custom glass-enclosed shower. Two additional generously sized bedrooms and an upgraded guest bathroom complete the interior.
The freshly re-screened back porch opens to a large, private backyard that feels worlds away, offering the perfect setting for entertaining friends, letting pets play, cultivating a garden, or simply relaxing at the end of the day.
What truly sets this home apart is the lifestyle. Deeded access to Lake Giles is located at the end of the street, perfect for paddleboarding, kayaking, canoeing, fishing, or taking in peaceful sunset views on the water. For larger boating adventures, Lake Underhill and its public boat ramp are just minutes away.
This move-in-ready home offers the rare combination of character, updates, privacy, convenience, and lake access all in one exceptional package! Come see for yourself what make this home so special!
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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.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017