8635 Spring Green Drive
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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 |
|---|---|---|---|
| Oct 25, 2023 | Sold | ||
| Sold | |||
| Aug 23, 2023 | Listed by The Monarch Team, LLC | $249,000 | |
| Listed by The Monarch Team, LLC | |||
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Discover 8635 Spring Green, nestled within the highly sought-after Copperfield community. This expansive 4-bedroom, 2-bathroom treasure is situated in a thriving and rapidly expanding area. Currently under tenant occupancy with a lease in place until September, this opportunity is being presented in its current state. Embrace its current condition as a canvas for your creative vision and bring your personal touch to life. Conveniently located near a variety of restaurants and a bustling shopping center, this location adds an extra layer of appeal. Don't miss out—come and shape this space into your own masterpiece.
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About Copperfield Northmead Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017