4747 Springdale Road
About This Property
The property offers an impressive amount of workspace and storage, including a large 40' x 60' shop with electric and water connections, an additional 15' x 20' shop located toward the front of the property, and another shop equipped with a mini-split system for added comfort and versatility. A storm shelter provides additional peace of mind.
With approximately 5 acres and multiple shops, this property offers plenty of space for projects, equipment, storage, hobbies, or a variety of other uses. Don't miss the opportunity to make this unique property your own!
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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 |
|---|---|---|---|
| Sep 10, 2026 | Listed by 1 Oak Real Estate Co | $529,900 | |
| Listed by 1 Oak Real Estate Co | |||
| Feb 13, 2024 | No longer available | - | |
| No longer available | |||
| Feb 6, 2024 | Sold | ||
| Sold | |||
| Nov 17, 2023 | In contract | - | |
| In contract | |||
| Nov 2, 2023 | Relisted | $199,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017