11731 SPRING RAIN
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 |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Price Decreased |
$259,999
↓ $5K
(1.9%) | |
| Price Decreased | |||
| May 8, 2025 | Listed by Keeping It Realty | $264,999 | |
| Listed by Keeping It Realty | |||
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Must-See Opportunity! This charming single-story traditional home is full of potential and ready for your personal touch. Featuring a spacious open floor plan, tile flooring throughout, and a desirable split-bedroom layout, it offers both comfort and versatility. The expansive backyard includes a large storage shed-perfect for projects or extra storage. Out front, you'll love the eye-catching brick arch patio and elegant double front doors that add tons of curb appeal. The converted garage offers flexible space ideal for a guest room, game room, or home office. With just a little TLC, this home could truly shine. Located minutes from top shopping, dining, and entertainment-don't miss your chance to make it yours!
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| May 5, 2009 | Sold | ||
| Sold | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017