5 Spring Circle
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%.
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 |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Nov 12, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed | $500,000 | |
| Listed | |||
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This charming ranch home near Dean Park in Shrewsbury offers inviting single-level living! Enter into a large, inviting living room featuring a classic fireplace and a bay window that fills the space with natural light—perfect for relaxing or entertaining. The well-equipped kitchen offers granite countertops, ample cabinetry, and a convenient pantry, along with a picture window overlooking the dining area, creating a bright and welcoming space for meals. Three good-sized bedrooms with generous closet space and a full bath complete this level. The partially finished lower level adds versatility with two bonus rooms, ideal for a home office or recreation space. Outside, enjoy a large level lot, attached carport, and abundant off-street parking. Welcome home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017