9289 Crystal Springs Drive
About This Property
The property includes a 36' x 24' shop upgraded with fresh insulation in the roof & walls. Additional power outlets have been added; the shop operates on its own electrical panel; and extra concrete pad has been poured with plumbing stubs. This home offers a blend of modern and classic country, making it an appealing option for those seeking comfortable and versatile living, with room to grow and pursue hobbies.
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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 |
|---|---|---|---|
| Jan 20, 2025 | Price Decreased |
$419,500
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Sep 5, 2024 | Price Decreased |
$429,500
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Aug 9, 2024 | Price Decreased |
$439,500
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Aug 1, 2024 | Listed | $449,500 | |
| Listed | |||
| | |||
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This charming property with low taxes includes a 3-bedroom, 2-bathroom main home, plus a separate 1-bedroom, 1-bathroom guest quarters. The separate guest quarters is ideal for hosting visitors, potential vacation home, or rental revenue! Enjoy ample space with a shop/storage shed and a carport, all set on a serene and expansive one-acre lot. The outdoor space is perfect for gardening, outdoor activities, or simply enjoying the peaceful surroundings.
Nestled in a tranquil area, this beautiful home offers the perfect blend of comfort and functionality, providing an ideal retreat from the hustle and bustle of city life. Additionally, the home is ADA accessible & has a list of upgrades!
Don't miss the opportunity to make this beautiful property your own and experience the perfect blend of comfort, functionality, and peaceful living.
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| Jan 26, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017