8259 SPRING KNOLL DRIVE
About This Property
Fully renovated and move-in ready, this stunning brick rancher offers the perfect blend of modern updates and timeless character. The bright, open main level features a beautifully updated kitchen, refinished hardwood floors, spacious living areas, and a classic brick fireplace. The finished basement expands your living space with a second brick fireplace, wet bar, full bath, and flexible bonus room ideal for a home office, gym, or guest suite. Recent upgrades include all new windows, a new concrete driveway, and a custom-built wood and metal storage shed, and a built-in shaker pantry. Outside, enjoy a level backyard and patio perfect for entertaining, gardening, or relaxing. Located in Pasadena's sought-after Brookfield on the Magothy community, close to parks, waterfront amenities, shopping, dining, and major commuter routes.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017