18 SPRING ROAD
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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 |
|---|---|---|---|
| Nov 5, 2022 | No longer available | - | |
| No longer available | |||
| Nov 4, 2022 | Sold | ||
| Sold | |||
| Sep 29, 2022 | In contract | - | |
| In contract | |||
| Sep 6, 2022 | Listed by KELLER WILLIAMS METROPOLITAN | $675,000 | |
| Listed by KELLER WILLIAMS METROPOLITAN | |||
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Built in 2006!! This Spectacular & Beautifully Appointed 4 BDRM Center Hall Colonial is nestled on a dead end in desirable Cedar Lake. Flowing, classic layout great for entertaining. Formal living room. Updated kitchen w/granite counters, stainless steel appliances, center island & gas cooking which opens to the sun-filled dining room - could be used as eating area/living area (Please look at pictures from previous listing to see the set up). Perfect space to host all your events! Sliders walk out to the trex deck & fenced in yard. Convenient powder room. Gorgeous HW flooring & neutral colors throughout. High ceilings & high hat lighting. Upstairs 4 large bedrooms including a master which boasts 2 closets & an en-suite. Walkout BSMT - bonus living & storage. Large garage provides even more storage. Newer washer, dryer & boiler. Situated in a private location with easy access to all life's conveniences! Short walk to Cedar Lake Clubhouse & beach! Just minutes to public transportation -NYC-Direct train & bus, major highways, grocery store & great restaurants/shopping in Downtown Denville. The manager has listed the unit size as 2112 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017