116 Springview Ln #103
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 |
|---|---|---|---|
| Mar 30, 2023 | Sold | ||
| Sold | |||
| May 19, 2021 | Listed by Grand Park Real Estate | $899,000 | |
| Listed by Grand Park Real Estate | |||
| | |||
|
Reserve your Elk Creek Condo today! This is a three bedroom, three bath, plus study first level unit. Optional garage spaces available for $60,000. These condos are on the bus route and offer convenient location to town and recreation. CALL FOR UNIT AVAILABILITY
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/13/2024
|
3 Bed
|
3 Bath
|
1607 ft²
|
$1,350,000
3 Bed
3 Bath
1607 ft²
|
-
-
|
Shea Murphy
RE/MAX PEAK TO PEAK
| |
|
05/19/2021
|
3 Bed
|
3 Bath
|
1622 ft²
|
$899,000
3 Bed
3 Bath
1622 ft²
|
$983,419
+9.39%
03/30/2023
|
Meredith Lipscomb
Grand Park Real Estate
| |
|
05/19/2021
|
3 Bed
|
3 Bath
|
1622 ft²
|
$949,000
3 Bed
3 Bath
1622 ft²
|
$1,073,934
+13.16%
03/17/2023
|
Meredith Lipscomb
Grand Park Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017