1516 Hatcher Spring Lane
About This Property
Third floor has new carpet, two bedrooms and a sizable laundry room. Close to tons of restaurants and parks.
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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, 2023 | Sold | ||
| Sold | |||
| Aug 18, 2023 | Listed by Compass RE Texas, LLC | $525,000 | |
| Listed by Compass RE Texas, LLC | |||
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Good looking three bedroom home with yard! Fireplace, new carpet, wine room, great finishes in a gated neighborhood. First floor hosts a grand room, backyard access and a guest suite. Step onto the amazing second floor curl up by the fire for a cozy night and host your favorite holiday. The wine room and bar is there for all your spirits and set up for a wine fridge and and added bonus is the well positioned powder bathroom.
Third floor has new carpet, two bedrooms and a sizable laundry room. Close to tons of restaurants and parks.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017