2 Spring Lane #2S
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 |
|---|---|---|---|
| Nov 15, 2021 | Sold | ||
| Sold | |||
| Sep 30, 2021 | Listed by LAER Realty Partners | $429,900 | |
| Listed by LAER Realty Partners | |||
| Oct 5, 2017 | Sold | ||
| Sold | |||
| Aug 3, 2017 | Listed by Gerry Abbott REALTORS® | $399,000 | |
| Listed by Gerry Abbott REALTORS® | |||
| | |||
|
This BEAUTIFULLY updated THREE bedroom townhouse in established condominium complex at RIVER CROSSING is a PLEASURE to show! This unit offers sunlit kitchen with GRANITE counters and STAINLESS STEEL appliances, exceptional FIRST FLOOR MASTER BEDROOM with huge PRIVATE BATH including a JACUZZI tub. The comfortable living room has VAULTED ceiling, SKYLIGHTS, lovely FIREPLACE and slider to an OVERSIZED deck. Enjoy the gleaming HARDWOOD floors throughout the unit! Lots of WINDOWS, tons of storage space and HUGE basement. The grounds are IMPECCABLE and the property is easy to show. CAN CLOSE IMMEDIATELY! Buyers are required to pay an amount equal to two month's condo fees to the reserve at closing.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/30/2021
|
3 Bed
|
3 Bath
|
2117 ft²
|
$429,900
3 Bed
3 Bath
2117 ft²
|
$476,000
+10.72%
11/15/2021
|
Wendy Birnie
Gerry Abbott REALTORS®
| |
|
08/03/2017
|
3 Bed
|
3 Bath
|
2260 ft²
|
$399,000
3 Bed
3 Bath
2260 ft²
|
$395,000
-1.00%
10/05/2017
|
Wendy Birnie
Gerry Abbott REALTORS®
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017