0 Spring Street
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 |
|---|---|---|---|
| Jun 1, 2023 | No longer available | - | |
| No longer available | |||
| Dec 27, 2022 | Listed by eXp Realty | $849,900 | |
| Listed by eXp Realty | |||
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One of the most stunning properties in all of Hopkinton, a magnificent 35 acre +/- of residential land directly across from Whitehall Reservoir and substantially surrounded by over 100 acres of Hopkinton Trust Property (HALT), and other landlocked parcels. There are winding trails, mature trees, rolling hills and an incredible gorge on the northeast side of the lot. The lot is ideal for a a developer or homeowner looking to create something truly impressive. Though the property has subdivision potential with 365' of frontage on Spring Street, it is best suited as as one (1) single estate lot. Seller has a survey in hand, had multiple 2 minute perc tests and wetland delineation (expired) and topography plotted throughout the site. There is additional substantial acreage that could potentially be made available in the event a potential buyer should be interested in a more significantly sized estate lot or development for house lots.
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| Apr 17, 2015 | Sold | ||
| Sold | |||
| Mar 7, 2014 | Listed by Hammond Residential | $225,000 | |
| Listed by Hammond Residential | |||
| Aug 5, 2009 | Listed by Christopher P. Olson | $649,900 | |
| Listed by Christopher P. Olson | |||
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Gorgeous 35 acre +/- of residential land directly across from Whitehall Resevoir. Minimum lot sizes are 60,000 SF, 370 feet +/- of frontage; the lot is ideal and priced for a single user seeking an enormous estate lot adjacent to conservation land, trails, and the Whitehall Resevoir. Seller has survey in hand for interested parties.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017