15
Map
7548 Springfield Lake Drive
About This Property
Perfectly manicured lawn sets the tone for inside. You enter into a nice foyer with one of the bedrooms at the front. This bedroom is really a smaller master, as it has a door to the 2nd bath. Perfect for in law suite or guests. The 2nd br is beyond the bathroom and it is very spacious!. The kitchen is light and bright and offers a cozy breakfast nook. The kitchen has a big pass thru to the dining room. The Dr adjoins the living room or great room. Vaulted ceilings and hi hat lighting add much volume to the space. The master is off the LR and is oh so spacious. Pretty views of the pool and vista. The master bath offers double sinks and a spa tub with jets! Sliders from the LR open to your roofed
and screened patio pool area! Over looking a beautiful vista with no neighbors behind you! You will love it! The pool is solar heated. No need to wait for the weather to warm up, you can swim and play all year round!.The yard also has a Mango Tree, Macadamia Nut and Avocado Tree. Another outdoor feature is the well which provides water to the irrigation system. Big money saver!! The home also has storm panels. Although it is only a 1 car garage, it has a double driveway. You can easily fit 4 cars. Walk across the street and enjoy one of Lake Charleston's beautiful lakes.. Great fishing! And right down the street is one of Lake Charleston's park and playground!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 13, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by Exit Realty Premier Inc. | $400,000 | |
| Listed by Exit Realty Premier Inc. | |||
| Oct 2, 2014 | Sold | ||
| Sold | |||
| Jul 18, 2014 | Listed by Exit Realty Premier Inc. | $245,000 | |
| Listed by Exit Realty Premier Inc. | |||
| Mar 31, 1998 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
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About Lake Charleston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017