2575 Spring Arbor Road #400
About This Property
The manager has listed the unit size as 1276 square feet.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 18, 2023 | Sold | ||
| Sold | |||
| Jul 31, 2023 | Listed | $99,900 | |
| Listed | |||
| | |||
|
Excellently located office/doctor's office that is well maintained with plenty of parking. Two entrances with on in the lobby and a private one. Unit features reception area, break area, two bathrooms, and 5 exam rooms/offices, basement storage area. Large windows bring in plenty of natural light.
| |||
| Oct 2, 2022 | No longer available | - | |
| No longer available | |||
| May 20, 2022 | Relisted | $99,900 | |
| Relisted | |||
| May 12, 2022 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/31/2023
|
Loft
|
2 Bath
|
-
|
$99,900
Loft
2 Bath
|
$68,000
-31.93%
12/18/2023
|
Mike Kanser
ERA REARDON REALTY, L.L.C.
| |
|
03/20/2022
|
Loft
|
-
|
1276 ft²
|
$99,900
Loft
-
1276 ft²
|
-
-
|
CHRISTOPHER SPICER
GOOD EARTH REAL ESTATE, LLC
| |
|
08/10/2020
|
Loft
|
2 Bath
|
-
|
$89,900
Loft
2 Bath
|
$84,000
-6.56%
07/29/2021
|
PHILLIP MORGAN
GOOD EARTH REAL ESTATE, LLC
| |
|
01/04/2013
| |
Loft
|
2 Bath
|
-
|
$120,000
Loft
2 Bath
|
$97,020
-19.15%
05/29/2013
|
SANDRA FLEMING
HOWARD HANNA REAL ESTATE SERVI
|
Building Info
- 1 Unit for Sale
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017