1324 NEWHOPE ROAD
About This Property
Step outside through the sliding glass doors to your very own screen-enclosed private pool oasis-ideal for relaxing or entertaining year-round.
Additional highlights include a one-car garage, covered carport, and a separate storage room perfect for tools, seasonal items, or pool gear.
This turn-key home delivers style, comfort, and functionality-all in a prime Spring Hill location.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Price Decreased |
$289,900
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Oct 15, 2025 | Price Decreased |
$299,900
↓ $17K
(5.4%) | |
| Price Decreased | |||
| Sep 30, 2025 | Price Decreased |
$316,900
↓ $3K
(0.9%) | |
| Price Decreased | |||
Property Highlights
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017