4393 SPRINGBROOK LANE
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 |
|---|---|---|---|
| Nov 7, 2017 | Sold | ||
| Sold | |||
| Aug 29, 2017 | Listed by BNR Real Estate Group | $249,900 | |
| Listed by BNR Real Estate Group | |||
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If you love the outdoors this is the home for you, nestled on almost 9 acres on Mercedes lake and three additional private ponds through out the property that are fully stocked for fishing, and for the hunter in you there are plenty of spots to knock down that Big Buck. This is one of the few places in Summit you are allowed to gun hunt. The home was completely remodeled three years ago inside and out, please contact us today for a private tour of this property.
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| Jan 17, 2014 | Sold | ||
| Sold | |||
| Oct 16, 2013 | Listed by CHACE PROPERTIES LLC | $194,900 | |
| Listed by CHACE PROPERTIES LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017