631 Springfield Avenue
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 |
|---|---|---|---|
| Dec 28, 2020 | Sold | ||
| Sold | |||
| Oct 23, 2020 | Listed by Crossroads Realty Executive Office | $299,000 | |
| Listed by Crossroads Realty Executive Office | |||
| | |||
|
AN ABSOLUTE GEM!!! This immaculate home sparkles and screams FAMILY! This freshly- painted 3 bedroom 1 bath ranch features hardwood floors throughout, an updated kitchen with newer stainless steel appliances and quartz countertop, NEW furnace, NEW A/C, newer roof (2015), and a Wi-Fi thermostat. The basement has a finished living space and an office while the unfinished half is for storage, utilities & laundry area. A quaint enclosed breezeway connects the home to the garage. All this on a huge lot with a park-like backyard setting! Just a few blocks to the river, beach, parks and yacht club, you'll fall deeper in love with this home as the July 4th parade strolls by your front door! YOUR FAMILY DESERVES THIS ONE!
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| Dec 8, 2015 | Sold | ||
| Sold | |||
| Jun 3, 2015 | Listed by Weichert Realtors-Toms River | $242,000 | |
| Listed by Weichert Realtors-Toms River | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017