89 Spring St
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 |
|---|---|---|---|
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Price Decreased |
$2,489,000
↓ $100K
(3.9%) | |
| Price Decreased | |||
| Jun 16, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 16, 2026 | Listed by William Raveis R.E. & Home Services | $2,589,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Jun 3, 2026 | Listed by William Raveis R.E. & Home Services | $2,589,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Now completed and ready for immediate occupancy, this exceptional new construction Colonial is available for showings prior to final staging. Buyers have a unique opportunity to experience the home's spacious layout, quality construction, and attention to detail. The home features 5 bedrooms, 3 full and 2 half baths, a formal living room with fireplace and custom built-ins, elegant dining room, and custom pantry leading to an entertainer's kitchen with oversized island seating and dining area. The sun-filled family room showcases a second fireplace, custom cabinetry, and access to a private deck overlooking the grounds. The luxurious primary suite offers a spacious walk-in closet and spa-inspired bath. Four additional bedrooms include two Jack-and-Jill baths, plus a private office and second-floor laundry. A finished lower level provides recreation and entertaining space. Conveniently located near major routes, schools, shopping, and dining. Staging and updated photos to follow
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017