1 Spring Lane
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 |
|---|---|---|---|
| Nov 3, 2009 | Sold | ||
| Sold | |||
| Jul 17, 2008 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $109,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Enclosed side porch, storage shed, off street parking, structural damage to main beam and sills due to pest infestation, needs new roof, no heat in 2nd floor rooms, new water line from street to house, property is being sold in as is condition, no representations or warranties from seller or seller's agent. Property is being sold via on line auction. Bids may be submitted on line at www.RealtyBid.com.
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| Jun 16, 2008 | Sold | ||
| Sold | |||
| May 28, 1999 | Sold | ||
| Sold | |||
| Apr 26, 1999 | Listed by Acton Real Estate Co., LLC | $132,500 | |
| Listed by Acton Real Estate Co., LLC | |||
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BEAUTIFULLY DECORATED VILLAGE COLONIAL A SHORT WALK FROM STORES AND RESTAURANTS. ADORABLE COURT YARD GARDEN FENCED FOR PRIVACY.
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