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%.
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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 | |||
| | |||
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River Crossing:FIRST FLOOR MASTER BEDROOM SUITE complete with vaulted ceiling, walk in closet, jazuzzi tub, skylight, double vanity and shower.A bonus is also having laundry on the first floor. The main entrance has a mudroom with closet and french doors which lead into the vaulted ceiling living room with a cozy fireplace and skylights.Open concept dining room and bright eat in white cabinet kitchen with granite counters & SS appliances. Half bath completes the first floor.Two large bedrooms on 2nd flr, one with a walk in closet. Spacious bright full bath with tub,shower,double vanity and linen closet. Storage space galore with two large closets in the upstairs hallway and an enormous extra storage room/ walk in closet at the end of the upstairs hallway. Gleaming hardwoods throughout.Large basement space that may be finished or used for storage. Enjoy your spacious trex deck surrounded by privacy trees. Roof 2015.Dog friendly complex.
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| Oct 5, 2017 | Sold | ||
| Sold | |||
| Aug 3, 2017 | Listed by Gerry Abbott REALTORS® | $399,000 | |
| Listed by Gerry Abbott REALTORS® | |||
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