5222 Springton Lane
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 |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| May 31, 2023 | Listed by eXp Realty, LLC | $259,000 | |
| Listed by eXp Realty, LLC | |||
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This spacious 4-bedroom property is situated on a large lot and offers endless potential. Priced to sell, this home is the perfect opportunity for those looking to make it their own. While it needs updating, the possibilities are limitless. The main level features a formal dining and living area, ideal for entertaining guests. The family room boasts a cozy fireplace and a convenient wet bar. The spacious kitchen is complete with double ovens and an electric cooktop. You'll find an abundance of cabinet and storage space throughout the house. All the bedrooms are located upstairs, providing privacy and tranquility. The primary bedroom and one additional bedroom have en-suite bathrooms. Outside, the large lot provides ample space, and the huge backyard is ready for backyard entertaining. Don't miss the chance to create the home of your dreams in this desirable location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017