7 Spring St #7
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%.
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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 |
|---|---|---|---|
| Sep 1, 2021 | Sold | ||
| Sold | |||
| Jul 6, 2021 | Listed by eXp Realty | $410,000 | |
| Listed by eXp Realty | |||
| | |||
|
Great opportunity awaits with this two-bedroom, two-bathroom Townhouse style Condo! Amenities include an open concept living room and kitchen, stainless steel appliances, recessed lighting, hardwood floors, off-street parking and garage, washer/dryer, and a partially finished walkout basement. Located in a desirable area, close to shopping, dining, and I-93. This is condo living at its best!
| |||
| Aug 13, 2015 | Sold | ||
| Sold | |||
| Mar 31, 2015 | Listed by Scoreboard Realty Corporation | $149,900 | |
| Listed by Scoreboard Realty Corporation | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/06/2021
|
2 Bed
|
2 Bath
|
1056 ft²
|
$410,000
2 Bed
2 Bath
1056 ft²
|
$410,000
09/01/2021
|
Arjun Kunwar
eXp Realty
| |
|
03/31/2015
|
2 Bed
|
2 Bath
|
1056 ft²
|
$149,900
2 Bed
2 Bath
1056 ft²
|
$190,000
+26.75%
08/13/2015
|
Robert Weiss
Engel & Volkers Duxbury
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017