263 Spring Street
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 |
|---|---|---|---|
| May 7, 2013 | Sold | ||
| Sold | |||
| Jan 10, 2013 | Listed by Keller Williams Realty North Central | $119,900 | |
| Listed by Keller Williams Realty North Central | |||
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STEP INSIDE and be surprised by all this home offers your family. Refreshed neutral interior includes gleaming refinished wood floors and new carpet. Fully applianced kitchen, with an adjacent laundry room. A large and level backyard suited to gardening and hammocks, abuts golf course. Large front porch provides ample space for outdoor entertaining as temperatures rise. Two car garage adjoins house by way of a small covered porch, too. Call and let's make a deal.
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| Jun 28, 2012 | Sold | ||
| Sold | |||
| Dec 27, 2011 | Listed by Keller Williams Realty North Central | $44,900 | |
| Listed by Keller Williams Realty North Central | |||
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Purchase this property for as little as 3% down with special Fannie Mae financing! Buyer is responsible to verify all information since it was obtained from 3rd party sources. Any betterments shall be at the buyer's expense. POF/PREQUAL strongly encouraged and required for final approval. **SEE FIRM REMARKS
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