45-50 Springfield Boulevard
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%.
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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 12, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | In contract | - | |
| In contract | |||
| Apr 9, 2024 | Listed by Keller Williams Rlty Landmark | $1,150,000 | |
| Listed by Keller Williams Rlty Landmark | |||
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Single Family Ranch nestled in the heart of Bayside boasts a generous 50x100 lot with a spacious 26x47 building size. The first floor welcomes you with a sunlit living room and dining room combination, seamlessly flowing into an updated kitchen with access to the side yard/backyard and basement. Discover three generously sized bedrooms and 1.5 baths adorned with ample closet space, including a half bath in the primary bedroom. The fully finished basement offers additional living space with a family room/den, two extra rooms, and a bathroom, maximizing every inch of this home and accessible via a separate entrance. Outside, a detached garage and private driveway provide convenience. This home comes equipped with owned solar panels, ensuring minimal electricity bills. Enjoy the expansive and lush backyard, perfect for outdoor gatherings, gardening, or simply relaxing in nature. Close proximity to parks, public transportation, schools, shopping, and dining makes this a must-see gem!
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| Jan 26, 2005 | Sold | ||
| Sold | |||
Property Highlights
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About Northeastern Queens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017