29-31 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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/29/2024
| |
6 Bed
|
4 Bath
|
3500 ft²
|
$1,600,000
6 Bed
4 Bath
3500 ft²
|
$1,570,000
-1.88%
04/04/2024
|
Xingwei Huang
The Realty Concierge
|
|
06/05/2023
| |
6 Bed
|
3 Bath
|
3500 ft²
|
$1,600,000
6 Bed
3 Bath
3500 ft²
|
-
-
|
Xingwei Huang
The Realty Concierge
|
|
05/19/2016
| |
4 Bed
|
2 Bath
|
3035 ft²
|
$968,000
4 Bed
2 Bath
3035 ft²
|
$978,000
+1.03%
07/28/2016
|
Mary Lou McDonough
Barrett Sotheby's International Realty
|
|
04/21/2005
| |
4 Bed
|
2 Bath
|
2928 ft²
|
$749,000
4 Bed
2 Bath
2928 ft²
|
$789,500
+5.41%
05/31/2005
|
Susan Gilbert Phillips
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017