209 Spring Road
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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 |
|---|---|---|---|
| Sep 3, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed by ERealty Advisors Inc | $629,900 | |
| Listed by ERealty Advisors Inc | |||
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FANTASTIC OPPORTUNITY IN PRIME HUNTINGTON LOCATION WITH LEGAL ACCESSORY APARTMENT - Own this beautiful home conveniently near downtown Huntington Village! Located within half a mile of Heckscher Park, restaurants, close to beaches, and more. This property features TWO 2-bedroom with 1-bath apartments, each on a level: live in one and rent the other. Enjoy a spacious living area with a dining room and updated kitchen. The main level includes a king-size primary bedroom, a second generous bedroom, and a hallway bathroom with a bathtub/shower combo. A private outdoor sitting area is perfect for a barbeque and growing your favorite vegetables. The updated transferable rented apartment upstairs offers 2 large bedrooms, a full bathroom, a living room, and an updated eat-in kitchen. The house has separate zones for each level: heating and electricity (with updated electric panels), plus its part of municipal sewers - a terrific home, no cesspool. Right now, it's move-in ready, and with some TLC, such as a bathroom floor tile repair & replacement of some interior doors. An excellent value. This won't last!
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| Aug 3, 2005 | Sold | ||
| Sold | |||
| Mar 27, 2000 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017