51 Spring St
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 |
|---|---|---|---|
| May 28, 2026 | Sold | ||
| Sold | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Relisted | $670,000 | |
| Relisted | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Feb 24, 2026 | Listed by Keller Williams Realty Evolution | $799,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Welcome to this beautifully maintained Ranch-style home in desirable Stoneham! This charming 3-bedroom, 2 full bath property offers comfortable living with a flexible layout and thoughtful updates throughout. The sun-filled living room features hardwood floors, recessed lighting, and a cozy fireplace. The updated kitchen showcases granite countertops, tile flooring, stainless steel appliances, and exterior access to the deck—perfect for entertaining. The main level includes three generously sized bedrooms with hardwood flooring and a full bath with modern finishes. The finished walk-out lower level offers additional living space with a second fireplace, full bath, laundry, and flexible use for family room, guest space, or home office. Enjoy a paved driveway, ample off-street parking, and a private backyard. Conveniently located near schools, parks, shopping, public transportation, and major highways. Open House on Saturday, 11:00 am-1:00 Pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017