20 Spring St
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 |
|---|---|---|---|
| Jul 8, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Compass | $530,000 | |
| Listed by Compass | |||
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This 2.75 acre rolling lot with lovely tree cover and distant views. Wooded walking path to downtown Ipswich restaurants, shops and train. Possible to connect with town sewer and water. Please do not walk the property without discussing first with the listing agent. For safety reasons, please observe all roped boundaries. See attached plot plan. All shared edges of the property are approximately marked by white plastic hoops or posts with yellow
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| Apr 15, 2022 | Sold | ||
| Sold | |||
| Feb 20, 2022 | Listed by Keller Williams Realty | $1,200,000 | |
| Listed by Keller Williams Realty | |||
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Address: 335 Madison Avenue, New York, NY 10017