11 Spring Ave #11
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%.
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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 |
|---|---|---|---|
| Feb 25, 2022 | Sold | ||
| Sold | |||
| Jan 3, 2022 | Listed by Keller Williams Realty | $374,900 | |
| Listed by Keller Williams Realty | |||
| | |||
|
**MULTIPLE OFFERS - HIGHEST AND BEST BY 12 NOON SUNDAY JAN 9th** Welcome to "Blithe Place" an 8 unit condo development located right off of Rt 28. This single story duplex is just over a year old. Offering 1 car garage, 2 Bedrooms with a generous Master Bedroom having 2 full Bathrooms one of which is a master bath. There is a huge open Kitchen, Living, and Dining Room, featuring hardwood floors, nice appointed pointed gray kitchen with stainless steel appliances. Both bathrooms have tile floors, and granite counter tops. 1st floor laundry. Huge basement for storage or future expansion. Stone patio out back for summer fun or relaxing. All ready to go..just move in
| |||
| Sep 17, 2020 | Sold | ||
| Sold | |||
| Mar 2, 2020 | Listed by McMenamy Realty | $299,000 | |
| Listed by McMenamy Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/03/2022
|
2 Bed
|
2 Bath
|
1143 ft²
|
$374,900
2 Bed
2 Bath
1143 ft²
|
$385,000
+2.69%
02/25/2022
|
Dana Mills
Keller Williams Realty
| |
|
03/02/2020
|
2 Bed
|
2 Bath
|
1150 ft²
|
$299,000
2 Bed
2 Bath
1150 ft²
|
$299,000
09/17/2020
|
Bethany Oliveira Fossella
McMenamy Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017