188 Spring Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 12, 2023 | Sold | ||
| Sold | |||
| Apr 12, 2023 | Listed by Coldwell Banker Realty | $725,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
COME FALL IN LOVE with this renovated, classic beauty in the heart of vibrant Red Bank! Close to everything! With the curb appeal of historical colonial architecture, this 3-bedroom, 2.5-bath beauty is a special opportunity on an oversized lot. The front door is an easy pedestrian distance to town center, boutique shops and endless dining options in Downtown Red Bank. Effortless commute with train service to NYC but also just a short drive to the beautiful Jersey Shore beaches. The interior includes wide plank oak engineered hardwood throughout, an open layout, stylish lighting, neutral decor, and remarkable 9 ft ceilings. In the kitchen, natural light, brand new EVERYTHING, premium appliances, and an attractive island layout create an inspiring environment for culinary achievement. The tranquil main-floor primary bedroom includes a walk-in closet and double sinks. The other two bedrooms, located on the second floor for privacy, are ready to reflect your favorite decor. Did I mention second floor laundry w/ New washer & Dryer, new HVAC, Newer HE water heater, Nest thermostat, new windows on the first floor, three new bathrooms, recessed lighting throughout. An unfinished basement provides extra storage space as well as a detached one-car garage. Greet passers-by from the breezy front porch. Don't let someone with equally great taste beat you to the closing table on this one!
| |||
| Jul 14, 2021 | Sold | ||
| Sold | |||
| Apr 8, 2021 | Listed by Resources Real Estate | $419,000 | |
| Listed by Resources Real Estate | |||
| | |||
|
Classic 3 bedroom 1.5 bath Colonial with front porch, 9ft. ceilings, large rooms, deep fenced in yard, driveway & 1 car garage. Just a 6 min. walk to downtown Red Bank offering vibrant theaters, award winning restaurants & parks. Living room, eat in kitchen, half bath, spacious first floor bedroom or home office & laundry room complete the first floor. Second floor features 2 big bedrooms & full bath. Walk up attic offers expansion possibilities. Full unfinished basement and shed offers plenty of storage space. Come see today.
| |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017