53 Red Spring Road
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 |
|---|---|---|---|
| Jun 17, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by Dora Naves & Associates | $749,900 | |
| Listed by Dora Naves & Associates | |||
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Waterfront! Swim, boat, fish and skate right in your own backyard. One of a kind ACRE+ wooded setting surrounds this beautifully updated 3 bedroom Cape on Fort Meadow, a 180 acre recreational lake. Cabinet packed chef's kitchen with granite counters-stainless appliances and sliders to sunsplashed deck. Open floor plan with plenty of room for entertaining family and friends in the gas fireplaced family room. Walls of glass look out onto the sandy beach-boat dock-sparkling waves and blazing sunsets. The big level yard has lots of space for gardening, barbeques and swing sets. Amazing landscaping with firepit-accent lights-chicken coop and oversize shed with room for a workshop and your boating equipment. Secluded spot on the narrows feels like paradise yet only minutes from shopping, dining, entertainment and major routes. Join the exclusive Red Spring Shores Community. Contact us today for more details. A must see!
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| Oct 28, 2013 | Sold | ||
| Sold | |||
| Sep 26, 2013 | Listed by Dora Naves & Associates | $199,900 | |
| Listed by Dora Naves & Associates | |||
| | |||
|
Waterfront! Swim, boat, fish, and skate right in your own backyard. One of a kind wooded setting surrounds this 3 bedroom Cape on Ft Meadow, a 180 acre recreational lake. Open floor plan with plenty of room for entertaining friends and family in this waterfront home. Walls of glass look out onto the sparkling waves, big side yard for outdoor games and blazing sunsets. Secluded spot on the narrows feels like New Hampshire yet only minutes from shopping, dining and major routes. Call us today for more details on the land lease.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017