7429 Spring Ranch Court
About This Property
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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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Dec 18, 2024 | Price Decreased |
$499,000
↓ $36K
(6.7%) | |
| Price Decreased | |||
| Nov 15, 2024 | Price Decreased |
$535,000
↓ $4K
(0.7%) | |
| Price Decreased | |||
| Sep 30, 2024 | Listed by Keller Williams Johnson County | $539,000 | |
| Listed by Keller Williams Johnson County | |||
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Welcome to this Impressive Custom Home with room to stretch out and a back patio to peacefully enjoy your morning coffee.The home invites you in with an open living area whose focal point is a beautiful wood burning fireplace, formal and casual dining areas and an elegant kitchen with granite countertops, stainless steel appliances and an abundance of pantry and cabinet space.The Primary Suite is a welcoming Retreat with a garden tub, separate shower and dual vanities.Two additional bedrooms have great closets and plenty of natural light and share a Jack and Jill bathroom.The fourth bedroom would also be a great game room or office with its own en suite bath.The views from the backyard are spectacular, the property backs up to a large ranch. The backyard is already fenced and ready for your pups! This community offers large lots and the opportunity to add a Shop, a Pool or RV Parking! Please note the JCAD has the sq ft at 2,279, builder showed 2,530, see docs.Property Owner has a Real Estate license. VA Assumable loan!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017