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18 Sycamore Street
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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Nov 11, 2025 | Listed by Real Broker MA, LLC | $229,000 | |
| Listed by Real Broker MA, LLC | |||
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Well-maintained 3 bed, 1.5 bath single-family home in Springfield offering charm, space, and convenience. This property features an enclosed front porch, bright living areas, and a large kitchen with gas cooking, updated cabinetry, and stainless-steel appliances. A bonus pantry/mudroom adds extra storage. The first floor includes beautiful architectural columns, original wood details, and a spacious layout. Upstairs offers additional bedrooms and flexible space. Outside, enjoy a fenced yard, off-street parking, and a detached garage/workshop ready for restoration. Vinyl siding and replacement windows add ease of ownership. Centrally located near shopping, parks, public transit, and highway access. Ideal opportunity for owner-occupants or investors seeking value and potential.
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| Sep 18, 2009 | Sold | ||
| Sold | |||
| May 15, 2009 | Listed | $109,900 | |
| Listed | |||
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