750 Spring Lake Drive
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 |
|---|---|---|---|
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Aug 6, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed | $399,000 | |
| Listed | |||
| | |||
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Extremely well maintained lake front home in the Fairways of Suntree. This property has been owned and loved by one family. This property has 4 bedrooms and 2 and a half baths. The formal living room, dining room and family room provide lots of space to entertain. The eat in kitchen has lovely views of one of the largest lakes in Suntree. Sliders from the family room lead to a very large screened patio. Plenty of room for a pool in the large back yard. There is a built in Storage/Golf Cart closet with access on the side of the house behind the garage so bring your golf cart and enjoy this beautiful Suntree development. The manager has listed the unit size as 2436 square feet.
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| May 16, 2018 | Listed by RE/MAX Elite | $399,000 | |
| Listed by RE/MAX Elite | |||
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About Suntree
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017