253 Spring Road
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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 26, 2024 | Sold | ||
| Sold | |||
| May 26, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | Listed by Coldwell Banker American Homes | $800,000 | |
| Listed by Coldwell Banker American Homes | |||
| | |||
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Owner spared no expense in the hi-quality products used to update this beautiful home. Lush landscape, bluestone porch, vinyl siding, updated hi-quality bathrooms and more. Kitchen w/quartz countertops, SS appliances, Side bar area and Hardwood floors. Primary Bedroom ensuite, two additional bedrooms and a second full bath on upper level. Entertain your guests in the Fabulous Resort-style yard. Stunning expansive paver patios & stone walls with built-in outdoor kitchen and spacious semi-surround Granite Island. All surrounded by seller's tastefully designed plantings to ensure a colorful display during each season. Gas Heat, Central Air, In-ground sprinklers and Pella kitchen window & Slider door. Minutes to Hecksher Park and Main street where you can enjoy the day & bustling nightlife. Many popular restaurants & eateries to choose plus shops, the Paramount, Movie Theatre, YMCA, Cinema Arts and more. Nearby local beaches, stunning Sunsets and neighboring Cold Spring Harbor & Northport.
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| Oct 7, 1994 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017