31 Red Spring 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 |
|---|---|---|---|
| Jul 12, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2019 | Sold | ||
| Sold | |||
| Aug 17, 2019 | Listed by Champion Real Estate | $204,000 | |
| Listed by Champion Real Estate | |||
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Waterfront!! Recently re-done newer kitchen, dining room,bathroom and roof. Kitchen offers hickory cabinets, hardwood floors, Stainless appliances and granite counter tops. Fireplaced living room with new soapstone woodstove, some new windows, new front sill, new generator, and hot water heater. Second bedroom totally rebuilt, basement has had lot's of work done in the past 2 years. Storage logic for some outside storage. Glass overlooking Fort Meadow Lake. Perfect for entertaining and lake activities. Beautiful sunsets . Enjoy the four seasons on the lake
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| Sep 23, 2015 | Sold | ||
| Sold | |||
| Mar 26, 2014 | Listed by Realty Executives Boston West | $125,000 | |
| Listed by Realty Executives Boston West | |||
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Waterfront! Recently redone Ranch offers new kitchen with cherry cabinets-granite counters and hardwood floors-gorgeous granite and tile bath-fireplaced living room open to family room and walls of glass overlooking Fort Meadow, a popular recreational lake offering swimming, boating, fishing and skating right in your own backyard. Brand new roof. Huge 8x22' deck looking out over waves, water and fabulous sunsets. Offers the tranquility of the New Hampshire wilderness just a few miles from Boston and Worcester. House only for sale. Land is leased for $6500 per year. Will most likely require a CASH sale. Call us today for more details and info on land lease.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017