41 Spring Terrace
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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | In contract | - | |
| In contract | |||
| Apr 10, 2024 | Listed by RE/MAX Executive Realty | $714,900 | |
| Listed by RE/MAX Executive Realty | |||
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Large, lovely 4 Bedroom, 3 Full Bath Colonial in the Spring Street School District. Lovely corner lot in a wonderful neighborhood within walking distance to Spring Street School & Dean Park. Close to town center and all major routes. A professional renovation addition of 2nd Story in 2002. Mostly newer windows. Central Air. Updated Kitchen cabinets and granite countertop. Spacious front to back Living Room with lots of natural light. Dining Room with a fireplace. All hardwood flooring on the first floor. Huge Master Bedroom with walk-in closet, sitting area, shower stall & jacuzzi bath. Full finished basement. Property shows extremely well; so well cared for.
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| Oct 17, 1997 | Sold | ||
| Sold | |||
| Aug 19, 1997 | Listed by RE/MAX Executive Realty | $142,500 | |
| Listed by RE/MAX Executive Realty | |||
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