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161 Springs Edge Drive
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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 |
|---|---|---|---|
| Jul 20, 2026 | Sold | ||
| Sold | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jun 4, 2026 | Listed by Keller Williams Platinum | $424,900 | |
| Listed by Keller Williams Platinum | |||
| May 21, 2021 | Sold | ||
| Sold | |||
| Aug 9, 2020 | Listed by Market Trends Realty | $299,900 | |
| Listed by Market Trends Realty | |||
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High and dry! Beautiful new farmhouse-style home w/ brick and hardi. 4BR w/large Master Suite. Upgraded wood tile in main areas; carpet in bedrooms and closets. Open plan w/ gourmet island kitchen - site built cabinets, granite counters, tumbled travertine or tile backsplash, stainless appliances. Brick and upgraded trim accents, including crown and larger moldings. Upgraded landscaping planned. Spray foam energy efficient home with insulated windows and doors and efficient AC. Back porch and patio and large sized back yard space for pets or kids. Please verify room sizes. Please note that home is being built and is in frame stage. Will update construction through comments.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017