331 Spring Street
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 |
|---|---|---|---|
| Aug 7, 2019 | Sold | ||
| Sold | |||
| May 15, 2019 | Listed by Lotus Realty Group | $639,980 | |
| Listed by Lotus Realty Group | |||
| Jul 20, 2015 | Sold | ||
| Sold | |||
| Mar 26, 2015 | Listed by Lotus Realty Group | $549,900 | |
| Listed by Lotus Realty Group | |||
| Oct 30, 2010 | Listed by WEICHERT, REALTORS® - Ernie Houde Associates | $549,000 | |
| Listed by WEICHERT, REALTORS® - Ernie Houde Associates | |||
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Priced below appraised value. Fantastic location in Grey Ledge off Spring Street. Great views of Jericho Hills in this private & pristine neighborhood. This home has been meticulously maintained & superbly upgraded. Gleaming hardwood floors throughout. Phenomenal spacious kitchen with granite counter tops & plentiful cabinetry. Elegant dining room & a cozy family room with a gas fireplace. Gorgeous master bath remodeled in 2008. High ceiling basement allows for 1200 sq ft expansion. Must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017