1
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3045 Spring Garden 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 |
|---|---|---|---|
| Sep 28, 2026 | Sold | ||
| Sold | |||
| Sep 2, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2026 | Listed by Akimax Lending | $998,000 | |
| Listed by Akimax Lending | |||
| Mar 27, 2015 | Sold | ||
| Sold | |||
| Feb 12, 2015 | Listed by Red Carpet Real Estate-Capitol | $509,500 | |
| Listed by Red Carpet Real Estate-Capitol | |||
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Great starter home with lots of potential. It has a fairly new roof and exterior paint. It has a large pie-shape lot with RV access to both sides of the house. Central heating installed a few years ago. See the gleaming hardwood floors in master bedroom and hall. Very convenient location near McKee and White with easy access to shopping and freeways.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017