31 Springfield 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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Sep 29, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by FICO Realty Group | $499,900 | |
| Listed by FICO Realty Group | |||
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Charming starter home with room to grow or a Great Condo Alternative without the fees - enjoy single family living in this Quaint cozy home! 2 Bedroom, 1 Bath Ranch sitting on a good size lot (s) with potential for expansion. Enjoy winter evenings in front of the wood stove situated in a bright living room offering warmth throughout the home! Kitchen with natural maple wood cabinets with a newer fridge stove and counter tops, 2 bedrooms and bath all on one floor for easy access. Sip on your morning coffee in the sunroom located in front of the house! Great outside space for gardening or just enjoying New Englands four seasons, good size shed, fenced in yard. Full basement (low ceilings) for plenty of storage space. Potential for sub-division - buyer to do due diligence. Seller offers no representations. Close to Long Lake and in great neighborhood! Total land area is 1.25 acres (comprised of 7 parcels)
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| Jul 24, 2019 | Sold | ||
| Sold | |||
| May 2, 2019 | Listed by Berkshire Hathaway HomeServices N.E. Prime Properties | $287,000 | |
| Listed by Berkshire Hathaway HomeServices N.E. Prime Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017