9947 Spring Hill Ln
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 |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Price Decreased |
$690,000
↓ $29K
(4%) | |
| Price Decreased | |||
| Jul 18, 2024 | Price Increased |
$719,000
↑ $29K
(4.2%) | |
| Price Increased | |||
| Jul 10, 2024 | Listed by MB Colorado Home Sales Inc | $690,000 | |
| Listed by MB Colorado Home Sales Inc | |||
| | |||
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LOCATION!! LOCATION!! LOCATION!! This Home has it all. Located in Highlands Ranch with 6 bedrooms!! Newer Paint!! Newer Cabinets!! Granite Countertops!! New appliances!! Hardwood Floors in the Entire Main Level!! Large Back Yard!! Huge Stamp Patio for Entertaining!! New Carpet in the Basement!! Nearly new Furnace and AC!! Almost all windows are newer and upgraded!! Newer, high quality garage doors!! Walking Distance to Amazing Trails!! Close to 1 of 4 Highlands Ranch Rec Centers that all homeowners have access to!! And close to the Highlands Ranch Town Center with Restaurants, Shopping, Bars, Major Hospital, and Children's Hospital!! This home is well maintained and will not last long. Motivated Seller priced to sell.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017