516 Spring Road #116
About This Property
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 |
|---|---|---|---|
| Apr 25, 2014 | Sold | ||
| Sold | |||
| Mar 7, 2014 | Listed by Dilbeck Estates | $259,000 | |
| Listed by Dilbeck Estates | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/19/2026
|
3 Bed
|
2 Bath
|
1038 ft²
|
$500,000
3 Bed
2 Bath
1038 ft²
|
$505,000
+1.00%
04/30/2026
|
The Dave Walter Team
Pinnacle Estate Properties, Inc.
| |
|
09/22/2022
|
3 Bed
|
2 Bath
|
1270 ft²
|
$479,900
3 Bed
2 Bath
1270 ft²
|
$485,000
+1.06%
10/25/2022
|
Pat Helton
Coldwell Banker Realty
| |
|
08/17/2015
|
3 Bed
|
2 Bath
|
1038 ft²
|
$270,000
3 Bed
2 Bath
1038 ft²
|
$270,000
12/02/2015
|
Brett Bystrom
Century 21 Troop Real Estate
| |
|
03/07/2014
|
3 Bed
|
1 Bath
|
1038 ft²
|
$259,000
3 Bed
1 Bath
1038 ft²
|
$260,000
+0.39%
04/25/2014
|
Hong Kim
Dilbeck Estates
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017