127 Spring Street
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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 22, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | In contract | - | |
| In contract | |||
| May 3, 2022 | Relisted | $509,000 | |
| Relisted | |||
| Apr 25, 2022 | In contract | - | |
| In contract | |||
| Apr 17, 2022 | Listed by Douglas Elliman Real Estate | $509,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Lovingly Maintained Spacious Hi Ranch with Lots Of Curb Appeal! With Possible Room for Mom!. Hardwood Flooring Under Carpeting. New Kitchen Appliances, Gas Cooking, Heating. Granite Countertops in Baths. CAC, Separate HW Heater, Paver Patio 8 years Old, Spacious Backyard!. Main Floor Laundry. Gas Burner 10 years Young, 200 Amp Electric Updated 2021.
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About East Massapequa
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017