307 SPRING LAKE Road
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 |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Relisted | $997,000 | |
| Relisted | |||
| Jun 8, 2023 | Listed by Four Seasons Sothebys Intl | $997,000 | |
| Listed by Four Seasons Sothebys Intl | |||
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Welcome to this Spring Lake Retreat, where an incredible opportunity awaits you. Nestled on 62 acres of picturesque land just outside the charming village of Red Hook, this remarkable property is a true oasis of natural splendor. With a captivating 9-acre lake, meandering streams, stonewalls that exude timeless beauty & charm, this land offers endless possibilities. The property's 15,000 square-foot warehouse presents an excellent opportunity for entrepreneurs and investors alike. With its expansive space, it can accommodate a range of dreams, from storage and logistics to creative studios or workshops. The warehouse is a blank canvas, ready for your vision to come to life.Whether you want a private estate, a captivating event venue, or a thriving business venture, these 62 acres provide the ideal canvas for your dreams to flourish. Embrace the beauty, serenity, and boundless potential that awaits you.
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| Apr 2, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017