4807 Spring Lane
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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 |
|---|---|---|---|
| Apr 13, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by Bates-Brinkley Realty | $449,000 | |
| Listed by Bates-Brinkley Realty | |||
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Welcome to your dream home with a secret garden door! Updated throughout! This waterfront home on two lots with over 2500 square feet has it all! Living room with floor to ceiling windows to overlook the water. Gas ignited fireplace for the cold nights. Kitchen with granite counters and high ceilings. Plenty of custom Kent Moore cabinets with lighting. Island with prep sink. Gas stove with pot filler above! Two garbage disposals! Formal dining and huge breakfast area. 5x7 mudroom with room for a freezer! Large utility room with closet. Primary bedroom downstairs with waterfront view. Primary bathroom with double vanities, tub and separate shower and walk in closet. Gameroom and two bedrooms upstairs. Covered back porch to watch the ducks on the water. Large inground pool. 2 a/c units. Rod iron fencing! 3 car garage with a workshop area. All of this and more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017