574 Spring Street
About This Property
Both sides of the duplex are fully occupied, ensuring immediate rental income for investors. The property features a detached garage and a full basement, providing additional storage space and convenience for tenants.
With its excellent occupancy rate and desirable features, this duplex presents an enticing opportunity for investors looking to expand their portfolio. Don't miss out on this prime investment opportunity-schedule a viewing today!
The manager has listed the unit size as 2272 square feet.
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/10/2024
| |
5 Bed
|
2 Bath
|
2272 ft²
|
$109,900
5 Bed
2 Bath
2272 ft²
|
-
-
|
Dennis Sr.
Burgan Real Estate
|
|
07/16/2021
| |
5 Bed
|
2 Bath
|
2272 ft²
|
$94,900
5 Bed
2 Bath
2272 ft²
|
-
-
|
A.J. Allen
Century 21 Lakeside Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017