58 Spring St
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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Nov 2, 2025 | No longer available | - | |
| No longer available | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Sep 2, 2025 | Listed by Leading Edge Real Estate | $875,000 | |
| Listed by Leading Edge Real Estate | |||
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Welcome to Greenwood! 58 Spring St has the size and location you are looking for. Expansive living and dining spaces flow throughout the first floor and look onto the private yard with beautiful forest views from your living room picture window. A sunroom, three large bedrooms and a full and half bath complete this floor and allow wonderful potential for an ADU/ in law, playroom, or multiple office spaces. BRAND NEW A/C allows you to stay cool during the hot summer months. The home also is handicap/wheelchair accessible with a ramp and wide hallways. Upstairs features 3 additional bedrooms and a full bath, allowing for a separation of living or office spaces. The two car attached garage leads into the full unfinished basement with functioning fireplace that would be an unbelievable home gym or play/ recreation area. Enjoy a truly fantastic location with Melrose Highlands AND Greenwood restaurants, shops, and train/bus stations at your fingertips! Don't miss this opportunity!
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| Jun 18, 2025 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017