172 Springfield Ave
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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 2, 2022 | Sold | ||
| Sold | |||
| Jul 23, 2022 | No longer available | - | |
| No longer available | |||
| Jun 22, 2022 | Listed by Keller Williams - Rutherford | $549,000 | |
| Listed by Keller Williams - Rutherford | |||
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This Unique Home is gorgeous on the inside and out! The attention to detail and craftsmanship was not missed here! As you pull up you'll notice the beautifully landscaped wide property. Entering, you'll immediately notice the plentiful first floor that can be used to host all your family events! There's a bonus room that gets an abundance of natural light and could be used for an office or even a guest room. You'll find a large living room, a generous dining area and a den overlooking the back deck that sits in a garden oasis. The kitchen has top of the line appliances, including a Viking stove, and tons of detail! On the 2nd floor you'll find 2 bedrooms and a large partially finished space that could be used as a bedroom or master additions with little effort. As for location you are minutes from public transportation, shopping, dining, schools, and so much more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017