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7835 Springfield 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 |
|---|---|---|---|
| Sep 25, 2026 | Sold | ||
| Sold | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Jul 5, 2026 | Listed by Core Realty Company LLC | $526,900 | |
| Listed by Core Realty Company LLC | |||
| |||
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Enjoy breathtaking water views from this 3bed/ 2.5bath two-story home in desirable Lake Charleston. Screened entry welcomes you into an open floor plan with high vaulted ceilings, ample windows and abundance of natural light. Upgraded kitchen has quartz countertops, raised-panel cabinetry, stainless steel appliances and sunny breakfast area. Spacious primary boasts walk-in closet and ensuite bath with dual sinks, soaking tub and separate shower. Remodeled guest bath. Second floor laundry and under stairwell storage for convenience. 1 car garage. Springfield Lakes community offers pool, tennis courts, playground and scenic walking paths. Centrally located to shopping, dining, schools, parks and thoroughfares. SELLER MOTIVATED! BRING OFFER FOR CONSIDERATION.
| |||
| Jun 9, 2026 | Price Decreased |
$526,900
↓ $4K
(0.8%) | |
| Price Decreased | |||
| Apr 2, 2026 | Price Decreased |
$530,900
↓ $9K
(1.7%) | |
| Price Decreased | |||
Property Highlights
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About Lake Charleston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017