12
Map
506 Spring Street
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 15, 2026 | Listed by Lawrence Realty Group Georgia | $235,620 | |
| Listed by Lawrence Realty Group Georgia | |||
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2023 | Listed by Real Broker LLC | $350,000 | |
| Listed by Real Broker LLC | |||
| | |||
|
Step into a piece of history with this magnificent 133-year-old Victorian home, where timeless elegance meets modern comfort. As you step inside from the fabulous covered front porch, you'll be greeted by a spacious and inviting living area with large windows that flood the rooms with an abundance of natural light. This exceptional property is a true gem, offering 2 spacious guestrooms on the main, as well as 4 additional large bedrooms upstairs. Beautiful hardwoods gracefully flow through the expansive living areas, enhancing the warmth and character of this vintage beauty. While the inside is lovely, the outside has much to offer as well! The sunroom off the back of the home offers privacy and provides a tranquil space for relaxation while overlooking the level fenced back yard. In an area known for its Victorian-era charm and sense of community, this home is conveniently situated near the downtown Washington Square. The Washington Square is full of small town charm, from the boutiques, shops and restaurants to the famous Fitzpatrick Hotel, making it a perfect location for those who seek both historic authenticity and modern convenience. **LENDER CREDIT of 1% of the loan amount is being offered by Preferred Lender - Breanna Smith with Movement Mortgage.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017