245 Cold Spring Rd
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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Dec 29, 2024 | In contract | - | |
| In contract | |||
| Dec 18, 2024 | Listed by RE/MAX Connections | $329,900 | |
| Listed by RE/MAX Connections | |||
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Great potential in this special property that is just waiting to be restored to its former glory. Set on 1.3 acres, the lot offers privacy and plenty of space for outdoor activities. Additional abutting acreage is available as well - please see listing #73320667. This home has a flexible floor plan that offers great spaces for entertaining as well as for quiet uses like home office work, reading, etc. The eat-in kitchen has plenty of cabinets for storage. The front to back living room features hardwood floors, a brick fireplace, and custom built-in shelving and cabinetry. The centrally located family room ties the first floor together and lends itself to the modern open concept. Adjoining the family room is a sitting room with plenty of large windows for an abundance of sunlight - a perfect place to enjoy the morning coffee or to decompress after a long day. Upstairs you'll find 4 bedrooms and a full bath. Don't miss this opportunity to create your dream home!
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| Nov 10, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017