15 Spring Street
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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 22, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Houlihan Lawrence | $530,000 | |
| Listed by Houlihan Lawrence | |||
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Welcome to Edison Bungalow, a charming single-family home nestled on a dead-end street on the border of Oakdale Park in Hudson, NY. This tastefully updated property currently operates as a successful short-term rental and consists of two separate tax parcels with potential for subdivision or new build opportunities. Stepping inside, enjoy a light-filled interior across three floors featuring four bedrooms, two modern bathrooms, and ample living space. The fully finished basement offers flexibility, while outside, a fenced stone patio enhances privacy. Conveniently located minutes from Warren Street's shops and eateries, Edison Bungalow balances tranquility with accessibility, making it an ideal second home or primary residence in Hudson's sought-after community.
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| Jun 3, 2023 | No longer available | - | |
| No longer available | |||
| Mar 31, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017