7
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15 INDIAN SPRINGS DRIVE
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 |
|---|---|---|---|
| Apr 21, 2026 | Listed by ADAMS, CAMERON & CO., REALTORS | $240,000 | |
| Listed by ADAMS, CAMERON & CO., REALTORS | |||
| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
| Sep 14, 2023 | Price Decreased |
$270,000
↓ $15K
(5.3%) | |
| Price Decreased | |||
| May 27, 2023 | Price Decreased |
$285,000
↓ $4K
(1.4%) | |
| Price Decreased | |||
| Feb 18, 2023 | Listed by Nelson & Selwitz Assoc Mgmt Inc | $289,000 | |
| Listed by Nelson & Selwitz Assoc Mgmt Inc | |||
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1 of the last 2 lots left to build on in the exclusive and sought after Indian Springs of Ormond Neighborhood. This gated, private community features custom estate homes with 20 total homesites. As previously mentioned, this is 1 of the 2 lots left to build your dream custom home on. The location provides the quickest, easiest access to and from I-95, but offers the quaint, quiet, small and upscale neighborhood you want without all the extras and distractions. The lot is flat and requires minimal fill to grade and build. Gate code information necessary to access the community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017