9891 Spring Run BLVD #2708
About This Property
The manager has listed the unit size as 1685 square feet.
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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 |
|---|---|---|---|
| Nov 4, 2021 | Sold | ||
| Sold | |||
| Oct 23, 2021 | No longer available | - | |
| No longer available | |||
| Sep 15, 2021 | In contract | - | |
| In contract | |||
| Sep 14, 2021 | Relisted | $399,900 | |
| Relisted | |||
| Aug 30, 2021 | In contract | - | |
| In contract | |||
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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