15106 SPRING WATER CIR
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 |
|---|---|---|---|
| May 31, 2011 | Sold | ||
| Sold | |||
| Apr 21, 2011 | Listed by Elite Real Estate | $230,000 | |
| Listed by Elite Real Estate | |||
| Feb 18, 2011 | Sold | ||
| Sold | |||
| Jan 13, 2011 | Listed by Home Nation Realty Corporation | $114,900 | |
| Listed by Home Nation Realty Corporation | |||
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With a little vision this property can go a long way! Needs alot of work but is priced accordingly. Large family oriented house with a split family room downstairs, formal dining and living rooms as well. Master upstairs has it's own balcony overlooking backyard and pool. Exterior includes an in ground pool, deck and covered patio. Integrity of pool and equipment not known at this time. Doubtful it will go FHA; great investor potential!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017