506 Spring Meadow Street
About This Property
Enjoy the covered patio, ideal for relaxing or entertaining guests. The big backyard offers plenty of space for outdoor activities and gardening. This home provides both convenience and comfort. Don't miss out on this fantastic opportunity! The washer and dryer and refrigerator are included!!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | Relisted | $325,000 | |
| Relisted | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 21, 2024 | Listed by CLARK REAL ESTATE GROUP | $329,000 | |
| Listed by CLARK REAL ESTATE GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017