49 Spring Street
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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.
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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 |
|---|---|---|---|
| May 2, 2024 | Sold | ||
| Sold | |||
| Mar 22, 2024 | In contract | - | |
| In contract | |||
| Mar 12, 2024 | Listed by REDFIN CORPORATION | $1,050,000 | |
| Listed by REDFIN CORPORATION | |||
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Welcome to your dream home! This stunning brick-front, center hall colonial boasts 5 bedrooms and 3 full bathrooms, nestled on a tranquil street with no through traffic. Built in 2006, this meticulously maintained residence spans 2,828 square feet of living space on a generous 0.17-acre lot. Enjoy the privacy of a fenced yard. The main level impresses with a soaring two-story foyer featuring a palladium window and porcelain tiled floors. Entertain in style in the formal living and dining rooms with tray ceilings, hardwood floors, crown molding, and recessed lighting. The eat-in kitchen is a chef's delight, equipped with 42-inch cabinetry, granite countertops, stainless steel appliances, and a center island with seating. The adjacent great room offers hardwood floors and a gas fireplace. Completing the main level is a bedroom with hardwood floors, a full bath, and a laundry room. Upstairs, hardwood floors flow throughout, the primary suite with a walk-in closet, tray ceiling, and updated bath featuring a jetted tub and shower stall. Three additional bedrooms with ceiling fans and another full bath with skylight complete the upper level. Additional features include a hot water heater replaced in 2019, Hunter Douglas custom blinds, central vacuum, a full basement with high ceilings, underground sprinkler system, and monthly savings on electric bills with solar panels.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017