159 Spring St
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 27, 2025 | No longer available | - | |
| No longer available | |||
| Aug 20, 2025 | Price Decreased |
$299,000
↓ $6K
(2%) | |
| Price Decreased | |||
| Aug 11, 2025 | Price Decreased |
$305,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Jul 29, 2025 | Listed by Lamacchia Realty, Inc. | $315,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Situated perfectly on a large corner lot which allows you to have a spacious flat yard, garden area w/ peach, apple, cherry, pear, plum & mulberry tree w/ private deck space. With over 2,000 sqft & flexible floorplan. Kitchen has a pellet stove, big bright windows w/ ample cabinet and counter space. Leading thru to the dining room with built in shelving & first floor full bathroom. First floor laundry area right near bathroom. Finishing off first floor is a large living room & bonus room/potential fourth bedroom all w/ large bright windows. Side entry includes an enclosed porch perfect for enjoying the every seasons. Upstairs, three bedrooms all w/ closet space & the second full sized bath. Full walk out attic w/ a second staircase leads back to the entry way provides plenty of space for storage, potential workshop area or finish it off for more living space. Oil tank and boiler replaced 2013, new wiring to gray bedroom.
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| Aug 30, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017