61 Springbrook Drive #1A
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 21, 2023 | No longer available | - | |
| No longer available | |||
| Nov 18, 2023 | Listed | $210,000 | |
| Listed | |||
| | |||
|
This well-established condominium complex offers a comfortable life-style, with many amenities - mature landscaping, walking trails, Club House, Tennis & Pickleball courts, raised garden beds, playground, and amazing QUIET, just 2 miles from downtown.This First Floor unit contains 3-bedrooms, 2 full baths - each with 36'' door openings - a generous 14x21 Living-Dining Room, with sliding door to a covered deck.....that has gated access, perhaps desirable for a bicycle or two?.....or lounge chairs, of course. Additional storage space designated for each unit in basement. Currently partially furnished, as option for Buyer. Equipped with Washer & Dryer, Electric Stove, Refrigerator, Dishwasher.Leave the maintenance to the Association, enjoy the benefits of Life on Cruise-Control!
| |||
| Sep 1, 2022 | No longer available | - | |
| No longer available | |||
| Aug 19, 2022 | Listed | $177,500 | |
| Listed | |||
| Oct 16, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/11/2024
| |
3 Bed
|
2 Bath
|
1259 ft²
|
$339,000
3 Bed
2 Bath
1259 ft²
|
-
-
|
Luanne Adams
Realty of Maine
|
|
11/18/2023
|
3 Bed
|
2 Bath
|
-
|
$210,000
3 Bed
2 Bath
|
-
-
|
Marianne Williams
Belfast
| |
|
02/22/2023
|
3 Bed
|
2 Bath
|
-
|
$165,000
3 Bed
2 Bath
|
-
-
|
Judson Colby
Maine Country and Coast Real Estate
| |
|
08/19/2022
|
3 Bed
|
2 Bath
|
-
|
$177,500
3 Bed
2 Bath
|
-
-
|
Lisa Webb-Kalloch
Coldwell Banker Rizzo Mattson
| |
|
08/06/2021
|
3 Bed
|
2 Bath
|
-
|
$155,500
3 Bed
2 Bath
|
-
-
|
Shannan Smith
Realty of Maine
| |
|
08/17/2020
|
3 Bed
|
2 Bath
|
1110 ft²
|
$139,000
3 Bed
2 Bath
1110 ft²
|
-
-
|
-
| |
|
06/02/2019
|
3 Bed
|
2 Bath
|
-
|
$145,000
3 Bed
2 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017