351 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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Dec 17, 2024 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Listed by Real Broker MA, LLC | $479,900 | |
| Listed by Real Broker MA, LLC | |||
| | |||
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Highest & Best by Monday @ 6:00 pm. Be the first to view this lovely 8 room, 4 bdrm, 3 full bath Colonial. First floor features a Vaulted Family Room w/gas stove insert, hardwoods, ceiling fan & slider to beautiful trex deck with newer railings. Lovely kitchen with recessed lighting, ample storage, granite counters and newer stove & oven. Generous sized first floor bedroom with hardwood floors & shared full bath. Formal dining room w/hardwoods & a large front to back living room with built ins & window seat. The second floor of this home is so appealing with a beautiful main bedroom offering hardwood floors, 2 Walk in Closets & Sparkling Tile bath. There are two additional generous sized bedroom both with hardwood flooring & an updated bath complete the second floor. The finished walk out lower level is an additional treat.with an 800 s.f game room with bar.This home has solar panels that are owned for phenomenal savings and a large fenced in back yard.
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| Apr 15, 2020 | Sold | ||
| Sold | |||
| Feb 20, 2020 | Listed by Real Broker MA, LLC | $379,900 | |
| Listed by Real Broker MA, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017