43 Spring
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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 |
|---|---|---|---|
| Sep 22, 2025 | Sold | ||
| Sold | |||
| Sep 9, 2025 | Listed by RE/MAX Northern Edge Realty LLC | $18,750 | |
| Listed by RE/MAX Northern Edge Realty LLC | |||
| Feb 1, 2025 | Price Decreased |
$50,000
↓ $10K
(16.7%) | |
| Price Decreased | |||
| Jul 11, 2024 | Listed | $60,000 | |
| Listed | |||
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Two lots for the price of one! Don't miss out on owning over an acre of land! Gorham is a gateway to the White Mountains and boasts a rich history, welcoming community, and a plethora of recreational activities. From exploring the nearby White Mountain National Forest to enjoying the local shops and restaurants, Gorham provides a perfect blend of small-town charm and outdoor excitement. Owning land in Gorham, NH, is not just an investment in real estate but an investment in a lifestyle. The town-maintained portion of the road stops at Stiles Rd.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017