75 Spring Hill #34
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 |
|---|---|---|---|
| May 11, 2023 | Sold | ||
| Sold | |||
| Feb 8, 2023 | In contract | - | |
| In contract | |||
| Dec 28, 2022 | Relisted | $569,900 | |
| Relisted | |||
| Dec 5, 2022 | In contract | - | |
| In contract | |||
| Jul 18, 2022 | Listed by Conway - Mansfield | $569,900 | |
| Listed by Conway - Mansfield | |||
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Back on the market due to buyer change in location need! This is our last Model A that is available for Early Spring move in date. There is still time to pick out all interior finishes. Wouldn't you love to be able to create your dream home and live all on one level, with plenty of storage!! Forest Glen, a 55+ community located off corner of Rt. 16 and Rt. 146 All homes are end units, duplex style. Photos are of model unit and depicts some upgrades. standard build includes a deck or patio off the living room slider. All units have a full size unfinished basement, but you have the option of finishing. Standard units include, hardwoods thru out main living space, granite counters and island, plenty of recessed lighting, 2 full bathrooms, and a walk in closet in the master bedroom. Some of the upgrades available include gas fireplace, paver patios, walk around porch. This model can be ready in 2-3 months. Photos are of another unit that has been completed.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/18/2022
|
2 Bed
|
2 Bath
|
1880 ft²
|
$569,900
2 Bed
2 Bath
1880 ft²
|
$630,510
+10.64%
05/11/2023
|
Patricia Tinnell
Keller Williams Elite
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017