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86 SPRINGWOOD DRIVE
About This Property
The versatile floor plan offers an optional flex room with double doors for a home office, media room, or additional retreat. The primary suite includes an oversized shower, dual sinks, and a generous walk-in closet. Relax on your covered patio while taking in the peaceful water view.
Loaded with upgrades, this home brings together comfort, style, and the appeal of resort-style community living. Move-in special: enjoy a complimentary washer and dryer plus blinds!
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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 |
|---|---|---|---|
| Aug 28, 2026 | Price Decreased |
$394,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Increased |
$404,000
↑ $20K
(5.2%) | |
| Price Increased | |||
| Jun 16, 2026 | Listed by ESTELA REALTY LLC | $384,000 | |
| Listed by ESTELA REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017