7908 Spring Run Drive
About This Property
The large upstairs game room overlooks a two-story family room and gallery over foyer. Downstairs study with glass french doors is adjacent to the kitchen. The modern kitchen features stainless appliances, bright cabinets, white quartz countertops, a single bowl stainless steel sink, brushed nickel hardware, and pendant lights. Main Suite includes an oversized shower. The covered patio comes with gas line for outdoor cooking. The staircase combines classic iron spindles with wood detail. Wood-like tile in main areas blends with nuetral carpet and paint. Security system is pre-wired. Yard is fully sodded and includes landscaping in front and full sprinkler system.Home is available for immedaite move-in Chesmar Homes is the builder!
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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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| Mar 29, 2024 | In contract | - | |
| In contract | |||
| Mar 12, 2024 | Listed | $399,900 | |
| Listed | |||
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Welcome to the prestigious master-planned community of Northgrove! Unparalleled amenities, including a clubhouse, 24-hour fitness center, resort-style pool, splash pad, playground, dog park, and picturesque walking trails. Inside, enjoy the spacious open floorplan with 19-foot ceilings, family room, game room, and home office. Gourmet kitchen features a large center island, 42” cabinets, gas cooking, and quartz countertops—open to the breakfast room and family room. Primary bedroom oasis, complete with a walk-in closet, double sinks and vanities, and an oversized walk-in shower. Upstairs, three additional bedrooms, two bathrooms, and a Gameroom provide ample space for family and guests. This home has been thoughtfully updated with wood look tile in the main living areas. Outside, enjoy the expansive yard with both a covered front porch and back patio, perfect for outdoor gatherings or simply relaxing in the fresh air. Assumable FHA loan at 2.375% interest rate.
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| Mar 3, 2024 | No longer available | - | |
| No longer available | |||
| Jan 19, 2024 | Price Decreased |
$409,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017