2840 SPRING Drive
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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Mar 12, 2021 | Sold | ||
| Sold | |||
| May 25, 2020 | Listed by KELLER WILLIAMS FIRST COAST REALTY | $87,000 | |
| Listed by KELLER WILLIAMS FIRST COAST REALTY | |||
| Nov 12, 2019 | Listed by KELLER WILLIAMS FIRST COAST REALTY | $93,000 | |
| Listed by KELLER WILLIAMS FIRST COAST REALTY | |||
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Time to build your dream home! 5.425 Acres of usable land to build your vision! Nestled in the Magnolia neighborhood of Black Creek, this parcel provides a variety of uses within its Agricultural Residential zoning. Presents with approx. 245 feet of frontage along Spring Dr, and is zoned for horses/animals. A private, dirt road provides entry to this quiet and bountiful property. Septic and Well are installed on site; interested parties are recommended to conduct inspection and do their due diligence. Will review reasonable offers!
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| Jan 11, 2019 | Listed by KELLER WILLIAMS FIRST COAST REALTY | $93,500 | |
| Listed by KELLER WILLIAMS FIRST COAST REALTY | |||
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Middleburg is growing! 5.425 Acres of usable land to build your vision! Nestled in the Magnolia neighborhood of Black Creek, this parcel provides a variety of uses within its Agricultural Residential zoning. Presents with approx. 245 feet of frontage along Spring Dr, and is zoned for horses/animals. A private, dirt road provides entry to this quiet and bountiful property. Septic and Well are installed on site; interested parties are recommended to conduct inspection and do their due diligence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017