7910 SPRINGWAY RD
About This Property
Inside the house, you will also find a newly updated kitchen, two bedrooms, and one full bath. The highlight of this home, however, is the stunning first-floor primary bedroom, complete with a gorgeous en suite bath that overlooks the serene backyard, allowing you to wake up to peaceful views every morning. With the convenience of a two-car garage and ample storage space, this property caters to all of your needs. Nestled in a quiet neighborhood yet close to all amenities, this is truly the ideal location. Whether you're entertaining guests or enjoying a quiet evening at home, this lovingly cared-for property feels like a true peaceful retreat.
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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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by AB & Co Realtors, Inc. | $699,000 | |
| Listed by AB & Co Realtors, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017