407 Springfield 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 |
|---|---|---|---|
| Jan 12, 2023 | Sold | ||
| Sold | |||
| Dec 1, 2022 | Listed by Keller Williams Infinity | $170,000 | |
| Listed by Keller Williams Infinity | |||
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Opportunity awaits in this move-in ready ranch-style home located on a quiet tree-lined street. The white-washed brick exterior welcomes you into the bright and airy spacious interior featuring an eat-in kitchen with granite counters, stainless appliance package, and espresso cabinets. The vinyl plank flooring flows into the large family room that boasts a custom fireplace. The dedicated laundry space includes a washer & dryer along with additional storage space. The half bath is nicely appointed while the main bath offers luxury finishes including double vanities, a bathtub, and a separate walk-in shower. The fenced backyard has a newer patio and detached 2-car garage with a brand new garage door and opener while the hot-water heater has been replaced within the last 3 years. Conveniently located to the nearby bike path, Metra station, and I-57/I-80.
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| Feb 4, 2019 | No longer available | - | |
| No longer available | |||
| Nov 17, 2018 | Price Decreased |
$124,900
↓ $2K
(1.6%) | |
| Price Decreased | |||
| Oct 22, 2018 | Listed | $126,900 | |
| Listed | |||
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3BR/1.5BA. Beautifully remodeled. Park Forest Inspected and Certificate of Occupancy Received!!! Kitchen with granite countertops, espresso cabinets and SS appliances. Gleaming wood laminate flooring. Incredible bathroom with separate shower, tub, and double sink vanity. Detached two car garage. Close to shopping, Metra station, and I-57/I-80. All this for just $124,900 The manager has listed the unit size as 1378 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017