3 Spring Ln
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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 |
|---|---|---|---|
| Mar 23, 2012 | Sold | ||
| Sold | |||
| Jan 31, 2012 | Listed by RE/MAX Landmark, REALTORS® | $269,000 | |
| Listed by RE/MAX Landmark, REALTORS® | |||
| Feb 27, 2010 | Listed by Prudential Page Realty | $359,000 | |
| Listed by Prudential Page Realty | |||
| | |||
|
LARGE 4-BEDROOM RAISED RANCH SET ON NEARLY .6 ACRES. THE HOUSE IS IN MOVE-IN CONDITION WITH FRESHLY PAINTED ROOMS AND NEWLY STAINED WOOD DOORS. WOOD DECK OFF KITCHEN OVERLOOKS EXPANSIVE BACK YARD. ALL APPLIANCES INCLUDED. CLOSE TO PUBLIC TRANSPORTATION, SHOPPING AND WALKING TRAILS.
| |||
| Jul 30, 1999 | Sold | ||
| Sold | |||
| Jun 1, 1999 | Listed by RE/MAX Landmark, REALTORS® | $204,900 | |
| Listed by RE/MAX Landmark, REALTORS® | |||
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