1550 SPRING GATE DRIVE #8111
About This Property
The manager has listed the unit size as 1272 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 9, 2021 | No longer available | - | |
| No longer available | |||
| Mar 29, 2021 | In contract | - | |
| In contract | |||
| Mar 3, 2021 | Listed | $485,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/30/2024
|
3 Bed
|
2 Bath
|
1272 ft²
|
$545,000
3 Bed
2 Bath
1272 ft²
|
$532,000
-2.39%
09/09/2024
|
Jeff Wu
Keller Williams Capital Properties
| |
|
06/20/2024
|
3 Bed
|
2 Bath
|
1272 ft²
|
$575,000
3 Bed
2 Bath
1272 ft²
|
$555,000
-3.48%
10/01/2024
|
Jeff Wu
Keller Williams Capital Properties
| |
|
09/22/2023
|
3 Bed
|
2 Bath
|
1272 ft²
|
$538,000
3 Bed
2 Bath
1272 ft²
|
$551,000
+2.42%
10/05/2023
|
Robert D Clark
The Virtual Realty Group
| |
|
08/18/2023
|
1 Bed
|
1 Bath
|
815 ft²
|
$335,000
1 Bed
1 Bath
815 ft²
|
$366,000
+9.25%
09/12/2023
|
David Sande
Doorstep Property Management, LLC
| |
|
03/22/2022
|
3 Bed
|
2 Bath
|
1272 ft²
|
$499,900
3 Bed
2 Bath
1272 ft²
|
-
-
|
Jeff Wu
Keller Williams Capital Properties
| |
|
03/03/2021
|
3 Bed
|
2 Bath
|
1272 ft²
|
$485,000
3 Bed
2 Bath
1272 ft²
|
-
-
|
-
| |
|
06/01/2020
|
1 Bed
|
1 Bath
|
655 ft²
|
$320,000
1 Bed
1 Bath
655 ft²
|
$305,000
-4.69%
08/13/2020
|
Are Andresen
| |
|
10/19/2019
|
2 Bed
|
2 Bath
|
1149 ft²
|
$489,000
2 Bed
2 Bath
1149 ft²
|
$489,000
01/16/2020
|
koteeshwar ramuni
Ikon Realty
| |
|
03/07/2019
| |
2 Bed
|
2 Bath
|
-
|
$429,000
2 Bed
2 Bath
|
-
-
|
-
|
|
03/06/2019
|
3 Bed
|
2 Bath
|
1272 ft²
|
$475,000
3 Bed
2 Bath
1272 ft²
|
-
-
|
-
| |
|
04/20/2012
|
2 Bed
|
2 Bath
|
1149 ft²
|
$354,900
2 Bed
2 Bath
1149 ft²
|
$345,000
-2.79%
05/04/2012
|
Cheryl Kenny
Golden Realtors, LLC
| |
|
03/11/2012
|
1 Bed
|
1 Bath
|
815 ft²
|
$269,000
1 Bed
1 Bath
815 ft²
|
$257,500
-4.28%
04/17/2012
|
Tatiana Moody
Weichert, REALTORS
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017