96 Spring View Dr
About This Property
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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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Keller Williams Realty Evolution | $629,000 | |
| Listed by Keller Williams Realty Evolution | |||
| | |||
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Welcome to 96 Spring View Drive, located in Lynn’s sought-after Fay Estate! This well-kept raised ranch sits on a large, level lot with peaceful Spring Pond views. Offering 3-4 bedrooms and 1.5 baths, the home has flexible options for an in-law suite or extra living space. The open kitchen and dining area, featuring a cozy fireplace, lead to a deck overlooking the spacious backyard with access to Spring Pond—perfect for year-round outdoor activities. The lower level includes a family room, 4th bedroom, half bath, laundry, and walk-out access to the yard. Upstairs, you’ll find 3 bedrooms, a full bath, and a living room with sliders to the deck. With central air, an extended driveway, and a convenient location near public transport, commuter rail, beaches, and Aborn Elementary, this home is a must-see!
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| Aug 31, 2023 | Sold | ||
| Sold | |||
| Aug 8, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017