400 SPRINGFIELD AVE
About This Property
Looking for a cozy home in a neighborhood with additional amenities? Look no further! This 3-bedroom, 1-bathroom home in the heart of our neighborhood is now available for sale. With its many features and upgrades, this property is sure to impress.
Features:
Solar panels: This home comes with a solar panel system installed on the roof, which can help save on your monthly electricity bills and reduce your carbon footprint. This is not a leased system.
Natural gas backup generator: In case of power outages, you won't have to worry about being left in the dark. This home features a natural gas backup generator, which can keep your lights on and appliances running.
Unfinished basement: This home also has an unfinished basement that provides plenty of extra storage space and can be finished to your liking.
This neighborhood is known for its golf course. Close to Salem Community College (you literally can walk to class from your new home)
Additional features include:
3 bedrooms with ample closet space
1 full bathroom with a bathtub and shower
Bright and sunny living room
Kitchen with a little updating is just waiting for you
Cozy dining area for meals with family and friends
This home is perfect for first time home buyers, or anyone looking for a comfortable, low-maintenance living space. Close to Delaware shopping, 295 and the NJ Turnpike you are not far from all the things you might need.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 13, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | In contract | - | |
| In contract | |||
| Jun 9, 2023 | Relisted | $190,000 | |
| Relisted | |||
| May 26, 2023 | In contract | - | |
| In contract | |||
| May 21, 2023 | Listed by Exit Homestead Realty Professi | $190,000 | |
| Listed by Exit Homestead Realty Professi | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017