215 Spring Lake
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 |
|---|---|---|---|
| Mar 5, 2021 | Sold | ||
| Sold | |||
| Sep 16, 2020 | Listed by Signature Properties, LLC | $287,500 | |
| Listed by Signature Properties, LLC | |||
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This pristine home is only minutes from historic downtown Mineola which is full of antique stores, restaurants, movie theater, train depot and much more! Located in the Spring Lake community, this southern sophisticated home is so inviting with the large wall of windows overlooking the private courtyard that would be a lovely spot for outdoor entertaining. If you love to cook, this light and bright kitchen would be perfect. Off the kitchen and breakfast area is a large wet bar, step down living room with fireplace and formal dining area. Large study with an attached office for an extra bonus. You will have access to the private 25 acres lake that is for homeowners.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017