975 SPRING COURT
About This Property
The desirable floor plan features a spacious living room and a kitchen with an updated Refrigerator and Dishwasher. The Primary Bedroom Suite offers a private en-suite bathroom. Other amenities include:
Laundry Room
Updated Metal Roof 2020
Insulated Windows
Live Edge Siding
Money Saving Prototype Solar System
Hot Tub
New Vinyl Flooring in Kitchen, Laundry, & Back Bathroom (Note: There is subflooring in the Bedrooms, Living Room, and Office; the seller does not intend on installing flooring)
Large Screened in Back Porch
This property offers 3.90 acres with 2 Sheds, providing plenty of room to store an RV or Boat. If you enjoy the outdoors this Property is located within a short distance to Lake Walk-in Water featuring the largest lake in Polk County along with hiking, camping, fishing and horseback riding. Other areas of interest include Lake Kissimmee State Park, Westgate River Ranch and SUMICA Polk County's Environmental Lands and it's an excellent opportunity to photograph nature or enjoy the bike trails. Don't miss out on the chance to live as one with nature in this serene setting with lots of privacy. Home is being sold in as is condition.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 16, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2024 | Price Decreased |
$224,900
↓ $15K
(6.3%) | |
| Price Decreased | |||
| Oct 24, 2024 | Price Decreased |
$239,900
↓ $7K
(2.8%) | |
| Price Decreased | |||
| Sep 19, 2024 | Price Decreased |
$246,810
↓ $3K
(1.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017