40 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 |
|---|---|---|---|
| May 3, 2016 | Sold | ||
| Sold | |||
| Jan 21, 2016 | Listed by Gloria Nilson & Co. Real Estate | $299,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
| Jan 20, 2016 | Sold | ||
| Sold | |||
| Oct 8, 2015 | Listed by Gloria Nilson & Co. Real Estate | $275,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
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Lots of potential! Four bedroom Colonial home on a corner lot in the heart of Red Bank offers a full basement, walk-up attic, off street parking, brick patio & private rear yard. In need of tender loving care. Home is being sold in ''as is'' condition. Close to River, hospital, beaches, and all that downtown Red Bank has to offer. Home is in Red Bank historic district.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017