8
Map
702 Spring Street
About This Property
Also offered as part of package deal MLS #21155848 with 700 Spring St - MLS#21155840
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 15, 2026 | Listed by Graceland Real Estate | $62,500 | |
| Listed by Graceland Real Estate | |||
| Jan 4, 2026 | No longer available | - | |
| No longer available | |||
| Oct 7, 2025 | Price Decreased |
$75,000
↓ $20K
(21.1%) | |
| Price Decreased | |||
| Jul 3, 2025 | Listed by Graceland Real Estate | $95,000 | |
| Listed by Graceland Real Estate | |||
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Come check out this vacant lot with many potential uses! With M-2 zoning, this property provides endless potential—whether you're looking to build new construction or pursue a wide range of commercial or industrial opportunities. Situated in a prime location near downtown Waco, McLane Stadium, multiple parks, and major roadways, this lot provides both convenience and visibility. There is also potential to include another lot as a package deal. Don’t miss out on the chance to invest in this versatile property—schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017