9891 Spring Run Boulevard #2701
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%.
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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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 19, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Price Decreased |
$549,400
↓ $100
(0%) | |
| Price Decreased | |||
| Feb 27, 2025 | Listed by John R. Wood Properties | $549,500 | |
| Listed by John R. Wood Properties | |||
| | |||
|
Boxes checked! Not a better value on the market! GOLF INCLUDED. IMPACT windows and sliders. This 1800 sq foot beauty has just been renovated with HIGH END FINISHES! This END UNIT with Lake and Preserve view will wow you from the moment you walk in. Kitchen and baths GORGEOUSLY renovated with new appliances, quartz countertops, new soft close cabinetry, new appliances, backsplash, mirrors, light fixtures. Freshly painted including the trim, new 5 inch baseboards. New gorgeous light fixtures and fans, beachy shiplap entertainment wall with brand new Google FRAME TV, All new flooring, new electrical outlets, HVAC new in 2022, Water Heater 3 years old, building roofs new in 2019, all IMPACT windows and sliders, the LIST GOES ON. Spring Run at The Brooks has golf, bocce, tennis, fitness, cabana BAR AND RESTAURANT at the pool all INCLUDED in your residency. Membership to The Commons Club at The Brooks with beach privileges and pickleball available to residents. You CAN have it all!
| |||
| Oct 2, 2024 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/27/2025
|
2 Bed
|
2 Bath
|
1792 ft²
|
$549,500
2 Bed
2 Bath
1792 ft²
|
$520,000
-5.37%
05/16/2025
|
Amy Velyvis
John R. Wood Properties
| |
|
05/31/2024
|
2 Bed
|
2 Bath
|
1792 ft²
|
$485,000
2 Bed
2 Bath
1792 ft²
|
$465,000
-4.12%
10/02/2024
|
Justin Jordan
Local Real Estate LLC
| |
|
08/21/2021
|
2 Bed
|
2 Bath
|
1685 ft²
|
$399,900
2 Bed
2 Bath
1685 ft²
|
$425,000
+6.28%
11/04/2021
|
Susan Heller
RE/MAX ACTION
| |
|
05/01/2020
|
2 Bed
|
2 Bath
|
1398 ft²
|
$239,900
2 Bed
2 Bath
1398 ft²
|
$235,000
-2.04%
08/04/2020
|
Debbie Paoli
|
Building Info
About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017