510 Springfield Avenue
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 |
|---|---|---|---|
| Jan 25, 2021 | Sold | ||
| Sold | |||
| Nov 1, 2020 | Listed by Real Estate, LTD | $375,000 | |
| Listed by Real Estate, LTD | |||
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Wow stop the car! If you are seeking a Mother/Daughter this is the one for you! Only 5 blocks to the water!
Desirable Pine Beach is the setting for this 4 bedroom 3 full bath Mother/Daughter Home. 3 bedrooms and 2 full baths on the main side. Bonus room can be family room or 5th bedroom currently housing a Pool Table for fun! Oversized 2 car garage. Large corner property. Updates and fact sheet attached. Hardwood floors, separate apartment with a rear deck for entertaining. One bedroom, full bath and kitchen/living room/dining room in the daughter side. Must see! Don't wait it will go fast!
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| Apr 17, 2017 | Sold | ||
| Sold | |||
| Mar 13, 2017 | Listed by Weichert Realtors-Toms River | $260,000 | |
| Listed by Weichert Realtors-Toms River | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017