8
Map
700 & 702 Spring Street
About This Property
Lots are also offered individually. 700 Spring St MLS#155840 & 702 Spring St MLS #21155832.
Listed By
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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 |
|---|---|---|---|
| Jan 19, 2026 | Listed by Graceland Real Estate | $125,000 | |
| Listed by Graceland Real Estate | |||
| Jan 4, 2026 | No longer available | - | |
| No longer available | |||
| Oct 7, 2025 | Price Decreased |
$75,000
↓ $85K
(53.1%) | |
| Price Decreased | |||
| Oct 7, 2025 | Price Increased |
$150,000
↑ $75K
(100%) | |
| Price Increased | |||
| Aug 13, 2025 | Price Decreased |
$160,000
↓ $20K
(11.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017