1581 SPRING GATE DRIVE #5313
About This Property
The manager has listed the unit size as 690 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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/11/2025
|
1 Bed
|
1 Bath
|
642 ft²
|
$350,000
1 Bed
1 Bath
642 ft²
|
$320,000
-8.57%
10/23/2025
|
Roshan Badii Carter
Long & Foster Real Estate, Inc.
| |
|
06/12/2025
|
1 Bed
|
1 Bath
|
690 ft²
|
$335,000
1 Bed
1 Bath
690 ft²
|
$335,000
07/16/2025
|
Yixuan Zhai-Brown
Coldwell Banker Realty
| |
|
11/07/2024
|
2 Bed
|
2 Bath
|
1202 ft²
|
$500,000
2 Bed
2 Bath
1202 ft²
|
$500,000
12/04/2024
|
Kari Govan
Keller Williams Realty
| |
|
08/22/2024
|
2 Bed
|
2 Bath
|
998 ft²
|
$515,000
2 Bed
2 Bath
998 ft²
|
$457,325
-11.20%
12/09/2024
|
Mynor Herrera
Keller Williams Capital Properties
| |
|
03/01/2024
|
1 Bed
|
1 Bath
|
690 ft²
|
$339,900
1 Bed
1 Bath
690 ft²
|
$337,500
-0.71%
04/05/2024
|
Hemanth K Ganta
DMV Realty, INC.
| |
|
05/13/2022
|
2 Bed
|
2 Bath
|
998 ft²
|
$400,000
2 Bed
2 Bath
998 ft²
|
-
-
|
Sabeen Khattak
Samson Properties
| |
|
06/16/2022
|
1 Bed
|
1 Bath
|
735 ft²
|
$334,000
1 Bed
1 Bath
735 ft²
|
$334,000
06/22/2022
|
Hourieh Zamani
Spring Hill Real Estate, LLC.
| |
|
02/18/2022
|
1 Bed
|
1 Bath
|
735 ft²
|
$325,000
1 Bed
1 Bath
735 ft²
|
-
-
|
Kathy Colville
Century 21 Redwood Realty
| |
|
01/23/2022
|
1 Bed
|
1 Bath
|
642 ft²
|
$295,000
1 Bed
1 Bath
642 ft²
|
-
-
|
Iris Yu
Samson Properties
| |
|
11/11/2021
|
1 Bed
|
1 Bath
|
690 ft²
|
$310,000
1 Bed
1 Bath
690 ft²
|
$307,500
-0.81%
12/10/2021
|
Paniz Asgari
Compass
| |
|
07/01/2021
|
2 Bed
|
2 Bath
|
1202 ft²
|
$475,000
2 Bed
2 Bath
1202 ft²
|
$475,000
08/03/2021
|
Christine G Richardson
Weichert Company of Virginia
| |
|
05/21/2021
|
2 Bed
|
2 Bath
|
1082 ft²
|
$489,600
2 Bed
2 Bath
1082 ft²
|
-
-
|
Subbarayudu Jakkampudi
Sun Properties, Inc.
| |
|
05/03/2021
|
1 Bed
|
1 Bath
|
690 ft²
|
$319,990
1 Bed
1 Bath
690 ft²
|
$319,990
06/22/2021
|
Lisa Sabelhaus
| |
|
02/19/2021
|
1 Bed
|
1 Bath
|
690 ft²
|
$310,000
1 Bed
1 Bath
690 ft²
|
$300,000
-3.23%
04/30/2021
|
Lauryn Eadie
| |
|
02/04/2021
|
1 Bed
|
1 Bath
|
690 ft²
|
$309,990
1 Bed
1 Bath
690 ft²
|
-
-
|
-
| |
|
03/18/2020
|
2 Bed
|
2 Bath
|
1202 ft²
|
$480,000
2 Bed
2 Bath
1202 ft²
|
$476,000
-0.83%
05/05/2020
|
Jeff Wu
| |
|
10/12/2018
|
2 Bed
|
2 Bath
|
1202 ft²
|
$440,000
2 Bed
2 Bath
1202 ft²
|
-
-
|
-
| |
|
05/29/2018
|
1 Bed
|
1 Bath
|
642 ft²
|
$264,000
1 Bed
1 Bath
642 ft²
|
$264,000
10/12/2018
|
Karen Martins
Coldwell Banker Realty
| |
|
09/02/2017
| |
2 Bed
|
2 Bath
|
1082 ft²
|
-
2 Bed
2 Bath
1082 ft²
|
-
-
|
-
|
|
03/22/2013
|
1 Bed
|
1 Bath
|
690 ft²
|
$289,000
1 Bed
1 Bath
690 ft²
|
$286,000
-1.04%
04/25/2013
|
Phil Cefaratti
Weichert, REALTORS
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017