1404 Spring Street #A
About This Property
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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%.
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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.
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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 31, 2024 | Sold | ||
| Sold | |||
| Dec 27, 2024 | In contract | - | |
| In contract | |||
| Dec 18, 2024 | Price Decreased |
$485,000
↓ $14K
(2.8%) | |
| Price Decreased | |||
| Nov 23, 2024 | Price Increased |
$499,000
↑ $14K
(2.9%) | |
| Price Increased | |||
| Nov 14, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Katy | $485,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Katy | |||
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|
Stunning Washington Ave Arts District home located directly on the Heights Hike and Bike Trail. Stunning views of downtown from rooftop deck. This beautiful home boasts 2024 SF over three floors. The first floor has attached garage access, storage and bedroom/office with full bath ensuite. The light filled second story is show-stopping: beautiful open concept living area, dining area and gourmet kitchen. The home has recently replaced wood flooring and carpeting, recent neutral paint throughout, quartz counters, updated backsplash and lighting. Loads of space for entertaining! The third floor houses an attractive Primary bedroom suite with balcony and a third bedroom also with ensuite bath. The gated front gate opens onto the Heights hiking and biking trail. Super close to shopping, groceries, restaurants and downtown! Come visit today!
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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 |
|---|---|---|---|---|---|---|---|
|
03/20/2025
| |
3 Bed
|
3 Bath
|
2024 ft²
|
$475,000
3 Bed
3 Bath
2024 ft²
|
$450,000
-5.26%
05/30/2025
|
Heather Trocmet
Redfin Corporation
|
|
11/14/2024
|
3 Bed
|
4 Bath
|
2024 ft²
|
$500,000
3 Bed
4 Bath
2024 ft²
|
$440,000
-12.00%
12/31/2024
|
Mary Kiesewetter
BHGRE Gary Greene
| |
|
07/30/2017
| |
3 Bed
|
4 Bath
|
2024 ft²
|
$412,500
3 Bed
4 Bath
2024 ft²
|
$429,300
+4.07%
12/08/2017
|
Donna Sitton
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017