716 Spring Falls Drive
About This Property
This home has been virtually staged to illustrate its potential.
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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 |
|---|---|---|---|
| Mar 29, 2023 | Sold | ||
| Sold | |||
| Nov 17, 2022 | Listed by Compass RE Texas, LLC | $599,000 | |
| Listed by Compass RE Texas, LLC | |||
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Beautiful 4 bed 3.5 bath plus loft and study home has everything you are looking for. The curb appeal starts with the front porch large enough for rocking chairs to enjoy the view and cul-de-sac living. Once you enter the home you're greeted with an expansive entry and wrought iron staircase. Follow engineered wood floors through to the open concept kitchen and living space. The kitchen features granite, stainless appliances, eat in kitchen, vast counter space and a huge pantry with storage. The living room boast tall ceilings & a beautiful stone fireplace. Retire to the generous sized primary & en suite spa bath with his and hers sinks, soaking tub, oversized shower with bench & a huge walk in closet. Upstairs 3 secondary bedrooms, 2 full baths & a loft space large enough for a game room. Amazing master planned community with trails, pools, disc golf, gym, and activities. Dont miss video & 3d walk through.
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| May 3, 2022 | Sold | ||
| Sold | |||
| Mar 14, 2022 | Listed by Opendoor Brokerage, LLC | $635,000 | |
| Listed by Opendoor Brokerage, LLC | |||
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20009571
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017