861 Spring Lea
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 |
|---|---|---|---|
| Dec 7, 2017 | Sold | ||
| Sold | |||
| Jul 31, 2017 | Listed | $849,900 | |
| Listed | |||
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Incredible.....Quality is second to none....Huge movie room....6 bedrooms with ensuite baths.....2nd kitchen on lower level....great for guests or extended stay family.....gourmet kitchen on main floor....knock out granite and appliances....the pool has 2 water features and a basketball court....too much to nameThe manager has listed the unit size as 7590 square feet.
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| May 17, 2017 | Listed by Prime Mountain Properties | $829,900 | |
| Listed by Prime Mountain Properties | |||
| | |||
|
Incredible.....Quality is second to none....Huge movie room....6 bedrooms with ensuite baths.....2nd kitchen on lower level....great for guests or extended stay family.....gourmet kitchen on main floor....knock out granite and appliances....the pool has 2 water features and a basketball court....too much to name
| |||
| Sep 15, 2016 | Listed by Prime Mountain Properties | $899,500 | |
| Listed by Prime Mountain Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017