5886 SPRING SQUARE
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 |
|---|---|---|---|
| Jan 21, 2026 | Sold | ||
| Sold | |||
| Jan 4, 2026 | In contract | - | |
| In contract | |||
| Dec 29, 2025 | Listed by Offerpad Brokerage, LLC | $259,900 | |
| Listed by Offerpad Brokerage, LLC | |||
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This beautifully updated 3-bedroom, 2.5-bath home features a new roof, fresh interior paint, and stylish new LVP flooring complemented by new light fixtures throughout. The kitchen shines with painted cabinets, new quartz countertops, and a brand-new stainless steel appliance package including range, microwave, and dishwasher. Enjoy plush new carpet, refreshed bathrooms, and the peace of mind of a new water heater. Thoughtfully renovated and move-in ready, this home offers modern finishes and everyday comfort.
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| Nov 24, 2003 | Sold | ||
| Sold | |||
| Aug 25, 2003 | Listed by RE/MAX Associates | $114,900 | |
| Listed by RE/MAX Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017