41
Map
262 SPOUT SPRING AVENUE
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 |
|---|---|---|---|
| Aug 11, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | Listed by EXP Realty, LLC | $324,900 | |
| Listed by EXP Realty, LLC | |||
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Welcome to this Lumberton gem offering 5 Bedrooms, 2 Bathrooms, and a full unfinished basement with Detached 2-car garage - what a find! The property sits on a quaint culdesac and also offers TONS of overflow parking and a large fully fenced backyard space. As you approach you'll notice the lovely curb appeal carries you into the breezeway connecting the main house with the INDEPENDENT mother-in-law/au pair suite with it's own electrical & hot water AND completely remodeled 4 -piece bathroom and separate exterior entrance to the backyard. The main part of the home features a fully remodeled main level with updated Kitchen, gorgeous cabinetry, stainless steel appliances, and gas range. The eat in Dining Area nicely connects it to the open concept Family Room with a step down into a fabulous Sunroom that could function in SO MANY ways! This level is finished off nicely with the Full Bathroom, and two wonderful sized Bedrooms! Ascend upstairs and discover two additional bedrooms as well as an extra storage closet. The size of this home will surprise you! To top it all off, the giant full unfinished Basement allows for additional square feet to use in whatever way you can think to use it! The lovely courtyard in front AND backyard with golf-course level grass is something to be adored and is so quaint and quiet - you'll love time spent here! Finally, the oversized Detached 2-car garage is a hobbyist dream offering all the electrical upgrades (100-amp service), wall and overhead walk-up storage galore! NOTABLE UPDATES: Remodeled Mother-in-law Suite Bathroom (2022), Remodeled Kitchen w/New Appliances (2021), HVAC System (2019), New Roof (2019), Hot Water Heater (2019), New doors/hardware/trim throughout, New large backyard storage Shed, Newer asphalt driveway, Newer Garage Doors & energy-efficient Andersen Windows. Icing on the cake; Seller providing a 1-year home warranty to Buyers at settlement. Don't miss out on this high-value 5 Bedroom home with property taxes at $5K/year...wow!
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| Jun 17, 2013 | Sold | ||
| Sold | |||
| Jan 26, 2013 | Listed by RE/MAX Executive Realty-Pemberton | $189,900 | |
| Listed by RE/MAX Executive Realty-Pemberton | |||
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Location, Location, Location... and a great home! This 5 bedroom Cape Cod is situated on a cul-de-sac in desirable Lumberton. The home has been impeccably maintained through two generations. Some of the property's features include a sun porch, remodeled kitchen with plenty of cabinets and counter space, guest or in-law suite with independent electric, hot water heater, bath with shower and heater, additional insulation added throughout the home to make it energy efficient along with Anderson windows, Extra LARGE two car garage with 100 amp service, new garage doors, and loft area. Call for your appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017