8905 Spring Place
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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%.
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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 23, 2018 | No longer available | - | |
| No longer available | |||
| May 9, 2018 | Listed | $499,000 | |
| Listed | |||
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Peaceful hilltop retreat in Casa de Oro area! Located at the top of a private drive, it offers a beautiful view of Mount Helix and lots of privacy. This 4 bedroom home was beautifully renovated. The home has a new HVAC and heating system, new roof and insulation, new windows, new flooring, rear fencing and rain gutters. The manager has listed the unit size as 1398 square feet.
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| May 18, 2016 | Sold | ||
| Sold | |||
| Feb 27, 2016 | Listed by Century 21 Award | $425,000 | |
| Listed by Century 21 Award | |||
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Peaceful hilltop retreat in Casa de Oro area! Located at the top of a private drive, it offers a beautiful view of Mount Helix and lots of privacy. This 4 bedroom home was beautifully renovated. The home has a new HVAC and heating system, new roof and insulation, new windows, new flooring, rear fencing and rain gutters. All Living room and dinning room furniture and decor is included on the sale. Motivated Seller! Don't wait and just move in! See Supplement Remarks. House has 4 bedrooms. Fourth bedroom was converted from a previously enclosed patio and permits are unknown. This addition adds approximately 300 sq ft bringing total square footage of the home to an approximately 1,698 Square feet. Seller accepting offers between $419,900-$439,900. Vacant lot to the south is ot a part of this property. Public Record information provided by third party. Agent has not verified public records, including but not limited permits, lot size, number of rooms, age of property, zoning of property, use of property or square footage. Buyer to assume investigation of public records.. Neighborhoods: Casa de Oro Equipment: Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
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| May 2, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017