560 Springs Rd
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 |
|---|---|---|---|
| Sep 3, 2024 | Sold | ||
| Sold | |||
| Aug 18, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $849,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Tired of cookie-cutter homes? Looking for a one of a kind home - here it is. This contemporary home was custom built by a premier architect for these original owners. Many unique features in this home, starting with the welcoming foyer w/a stunning stained glass window. An open concept kitchen, living/dining room w/custom built bookcases, raised ceiling, stone fireplace and several windows & sliders to a wrap around deck. A few steps down and you're in the spacious family room w/built in bookcase & hot tub, also with multiple windows and sliders to a patio. Three good sized bedrooms, two baths, a home office, sitting area and loft finish off your living space. A good sized two car garage & work shop is a bonus. Energy efficient solar panels are owned & heat your water. The unique additional thermal heating system keeps the home warm while saving money. All of this and more is situated on a private 3+ acre lot. A few personal touches and this home is a show stopper!
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| May 17, 1982 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017