348 Springfield St
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 27, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Real Broker MA, LLC | $369,900 | |
| Listed by Real Broker MA, LLC | |||
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HIGHEST & BEST BY MON. JULY 29TH at 6::00 pm. Expect to fall in love with this absolutely charming Cape. A lovely front porch greets you upon arrival. The entrance is delightful with ample storage space. Impressive family room featuring a cathedral ceiling, hardwood flooring, a gas stove and recessed lighting. Enjoy some home cooked meals in your kitchen with a center island, ceramic floors & quartz counters. The kitchen is open to the dining room with hardwood floors. There is a main bedroom on the first floor w/hardwood flooring and a spacious living room with an attractive fireplace with a pellet stove insert. A remodeled full bath complete the first level. The second floor features two bedrooms with hardwood flooring and a half bath. The exterior of this home is sure to please with a pavered patio, fire pit, deck & a fenced in yard. The roof & boiler were replaced in 2019 and the gas water heater in 2022. This home is truly impressive.
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| Jan 31, 1997 | Sold | ||
| Sold | |||
| Nov 5, 1996 | Listed | $89,900 | |
| Listed | |||
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HANDYMAN SPECIAL! CUTE CAPE WITH LOTS OF POTENTIAL. BEAUTIFUL LARGE BACKYARD; HARDWOOD THRUOUT; EAT-IN KITCHEN; SIDED; 2 FPLACES. GREAT OPPORTUNITY! NEW WINDOWS, APO. RENTED HOT WATR TANK, NEW SEPT.2 APO. HOME WARRANTY!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017