12
Map
000 Springfield Avenue
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 |
|---|---|---|---|
| May 29, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | Listed by ERA Neubauer Real Estate Inc | $45,000 | |
| Listed by ERA Neubauer Real Estate Inc | |||
| Apr 15, 2023 | No longer available | - | |
| No longer available | |||
| Mar 5, 2023 | Listed by Neubauer Real Estate, Inc. ERA | $36,000 | |
| Listed by Neubauer Real Estate, Inc. ERA | |||
| | |||
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Endless opportunity for this large lot zoned for mixed-use that is high and dry (Flood Zone X). Add more rental units and create a nice investment to add to your portfolio. Lot is already fully cleared and city water and city sewer are available. Check out muti-unit corner lot property (MLS 738264) to give you an idea of what can be done with this lot!
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| Feb 9, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017