65 Spring Street
About This Property
Welcome to this spacious 5-bedroom, 2-bathroom home, nestled in a quiet and private setting, offering the perfect opportunity for those seeking a property with potential. Set on a generous lot with ample space, this home provides plenty of privacy and the opportunity to transform it into your dream residence.
While the home is in need of some work and updating, the layout and space offer a fantastic foundation for your vision. With over 2600 square feet of living space, the property includes large rooms, generous closets, and a versatile floor plan that can easily be reimagined. Whether you're looking to renovate it into a single-family haven or convert it into a duplex for rental income or multi-generational living, the possibilities are endless.
Key Features:
5 spacious bedrooms – perfect for a growing family, home office, or guest rooms.
2 full bathrooms – offering potential for modern upgrades and customization.
Private and peaceful location – tucked away on a quiet lot, ensuring a tranquil environment.
Expansive yard space – ideal for outdoor activities, gardening, or future additions.
Potential for duplex conversion – the layout is perfect for creating two separate living spaces, ideal for rental income or multi-family living.
Room to grow – bring your creativity and renovation ideas to restore this home to its full potential.
This property is a blank canvas awaiting your personal touch. If you're looking for a home with privacy, room for expansion, and the opportunity to create something truly special, this is the place for you. Don't miss out on this rare opportunity to invest in a home that offers both space and privacy in a fantastic location!
Home is being sold as is
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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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Mar 9, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Price Decreased |
$110,000
↓ $15K
(12%) | |
| Price Decreased | |||
| Nov 26, 2024 | Listed by Marble Key Realty LLC | $125,000 | |
| Listed by Marble Key Realty LLC | |||
| | |||
|
Charming 5-Bedroom, 2-Bathroom Home with Incredible Potential and Privacy
Welcome to this spacious 5-bedroom, 2-bathroom home, nestled in a quiet and private setting, offering the perfect opportunity for those seeking a property with potential. Set on a generous lot with ample space, this home provides plenty of privacy and the opportunity to transform it into your dream residence.
While the home is in need of some work and updating, the layout and space offer a fantastic foundation for your vision. With over 2600 square feet of living space, the property includes large rooms, generous closets, and a versatile floor plan that can easily be reimagined. Whether you're looking to renovate it into a single-family haven or convert it into a duplex for rental income or multi-generational living, the possibilities are endless.
Key Features:
5 spacious bedrooms – perfect for a growing family, home office, or guest rooms.
2 full bathrooms – offering potential for modern upgrades and customization.
Private and peaceful location – tucked away on a quiet lot, ensuring a tranquil environment.
Expansive yard space – ideal for outdoor activities, gardening, or future additions.
Potential for duplex conversion – the layout is perfect for creating two separate living spaces, ideal for rental income or multi-family living.
Room to grow – bring your creativity and renovation ideas to restore this home to its full potential.
This property is a blank canvas awaiting your personal touch. If you're looking for a home with privacy, room for expansion, and the opportunity to create something truly special, this is the place for you. Don’t miss out on this rare opportunity to invest in a home that offers both space and privacy in a fantastic location!
Home is being sold as is
| |||
| Nov 4, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017