111 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 20, 2024 | Sold | ||
| Sold | |||
| Apr 30, 2024 | Listed by ERA Key Realty Services - Distinctive Group | $519,900 | |
| Listed by ERA Key Realty Services - Distinctive Group | |||
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Lovely Updated SKYLIT VLTD.CEILING Colonial Cape style home is waiting for you! GAS Heat & SPLIT AC system. INVITING, Spacious & Open! Charming curb appeal; New cement sidewalk, Front Covered Porch, Gated Long Drivewy w-Fenced BackYard &Shed. Inside flexible Flr. plan w-Beamed Ceilings, beautiful Oak Hardwood Flrs, Window Shutters, &Ceil Fans. COUNTRY size KITCHEN w-Stainless French Door Refrig., Microwave,& Sink w-Fountain style Faucet, Abundant counter space, Breakfast Bar, Roll Out Drawers-easy cabinet access, &Woodstoved Eating area. 1ST.FLR. LAUNDRY & Back Covered entry! Lovely Living Rm. w/Bow Window, & a 1st.Flr. Office or Den. LARGE Full Bathroom like new w-Tiled Flr.&Rainhead Shower. Great 1st.Flr. BR too! Upstairs enjoy a SKYLIT KING size FRONT TO BACK Primary BR w-wide pine flrs.,&Walk-In closet. BR3 w-Mirrored Closet. (Arch.Roof, Boiler@2007/8, HtWtrTank@ 2022,&past updates). AMSA Charter School, Memorial Beach,Rail Trail,Ghiloni Park,APEX Ctr,Shops,Commuter Rail near!
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