7419 BATH STREET
About This Property
Welcome to this beautifully updated single-family home, nestled on a meticulously maintained lot in the heart of Springfield. Featuring a spacious and flexible layout, this 3-bedroom, 2-bathroom home offers 1,720 finished square feet plus a floored attic with pull-down stairs (added in 2018) and two convenient shed areas.
Thoughtful, high-quality renovations throughout make this home truly move-in ready. Enjoy refinished parquay hardwood floors, recessed lighting, a newer gas log fireplace (2018), and fresh neutral paint. The updated bathrooms and a completely remodeled kitchen (2016) showcase shaker cabinets, quartz countertops, a charming garden window over the farmhouse sink, and stainless steel appliances.
Additional upgrades include:
Tankless water heater
Double-pane windows & French doors
New light fixtures
Electrical panel
Custom laundry room with cabinetry
solar tubes
Backyard shed
The fully fenced backyard offers a spacious brick block patio and lawn-ideal for entertaining or relaxing outdoors.
The home's location is unbeatable for commuters and families alike, with VRE, Metro, Slug Lines, and the I-95/395/495 interchange just minutes away. Enjoy the outdoors at nearby Brookfield Park and the scenic lake trail just two blocks away. Plus, you're only a short distance from Trader Joe's, the new Super Giant, restaurants, and shopping.
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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.
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About Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017