15 Red Spring Road
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 |
|---|---|---|---|
| Jun 21, 2022 | Sold | ||
| Sold | |||
| Apr 24, 2020 | Sold | ||
| Sold | |||
| Mar 2, 2020 | Listed by Coldwell Banker Realty - Needham | $350,000 | |
| Listed by Coldwell Banker Realty - Needham | |||
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WATERFRONT! Don't miss your chance to see this contemporary built with walls of glass overlooking Fort Meadow, a recreational lake with boating, swimming and fishing at your fingertips. Flowing open floor plan offers cabinet packed kitchen and dining area open to entertainment size living room with wall of glass looking out over the lake. Soaring cathedral ceilings-tile and laminate floors-mini splits provide A/C. Finished lower level offers family room that walks out to patio and two docks perfect for entertaining. Huge deck has plenty of room to relax and enjoy the amazing sunset view. Updates include: 2012 Buderus boiler, sprinkler system and electric panel set up for a generator. Detached garage with upper and lower levels has room for cars and boats plus a storage shed. Please note:land lease is currently $7250 per year. Call/text listing agent for details. A must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017