14922 Spring Lake Drive
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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 |
|---|---|---|---|
| Sep 15, 2021 | Sold | ||
| Sold | |||
| Aug 6, 2021 | Listed by World Wide Realty | $249,000 | |
| Listed by World Wide Realty | |||
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The showing starts on August 13. Double door entry opens to the living room with fireplace and built-in bookcases. Tile on all downstairs floors. Formal dining opens to kitchen with granite counters, stainless steel sink, brand new oven, built-in electric stove adjoining breakfast room. New microwave, dishwasher, refrigerator, washer, and dryer. Master with laminate wood, two closets, bath with walk-in shower, tile floor & marble vanity. All bedrooms with walk-in closets. Hall bath with tile, updated tub & shower, and marble vanity. Large backyard. Moore Elementary school and Hamilton Middle School are Exemplary, the top school.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017