48716 48716 Spring Rain
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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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 10, 2026 | Listed by Bayside | $2,200,000 | |
| Listed by Bayside | |||
| Jul 8, 2016 | Sold | ||
| Sold | |||
| Jun 9, 2016 | Listed by HomeSmart | $721,000 | |
| Listed by HomeSmart | |||
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Fabulous Montage Home with Mega Detached Casita. Features include a split floor plan. Large private master suite double walk in closet, Soaker tub, tiled wrap around shower and double high standing vanities. The 2 guest rooms share a large Jack and Jill bathroom. 4th bedroom is at the opposite side of the home with it's own bathroom. Home features a formal dining room near the butlers pantry, a formal living room, great room Open with fireplace, chefs kitchen with breakfast area and large island and walk in pantry. Beautiful back yard with huge salt water pool & spa, lush landscaping, Large laundry room and a 3 car garage this home has it all. Salt Water pool and spa spacious and room convert one formal living room into a 6th bedroom. Home has never been rented, it's in excellent condition. Detached mega casita with inside and exterior fireplace. Fantastic buy priced below comps at 3900 square feet with triple garage this home has it all!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017