72 Spring Road
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 |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Listed by Coldwell Banker Realty - Marblehead | $860,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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Turn-key living with this freshly renovated 3 bed, 2 bath home, located ideally close to 2 beaches, and the school. Open-concept living space, bathed in light, gleaming hardwood floors and an easy living layout. The heart of this home is a large gourmet kitchen boasting high-end finishes, granite countertops, abundant cabinetry, all complemented by a spacious eat-in dining area. A functional mudroom, featuring a washer/dryer and a convenient 3/4 bath, adds to the home's thoughtful design. The 2nd floor hosts 3 bedrooms and a full, stylishly designed bathroom, while an additional top-floor bonus room offers a private retreat for guests. Set on a substantial 6409 sq ft lot, enjoy the seclusion of a hidden backyard, a sizeable composite deck, and the benefit of a 2-car parking area. With a new roof in 2022, updated vinyl siding, a welcoming front porch in 2021, and a brand-new water heater in 2023, this property is ready for you.
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| Nov 1, 2018 | Sold | ||
| Sold | |||
| Sep 28, 2018 | Listed by Coldwell Banker Realty - Marblehead | $550,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017