9 Spring Ln
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 |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Jul 22, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Price Decreased |
$699,900
↓ $25K
(3.5%) | |
| Price Decreased | |||
| Jul 8, 2025 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Jul 3, 2025 | Listed by Marc Cohen Real Estate | $750,000 | |
| Listed by Marc Cohen Real Estate | |||
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Don't miss out. Great value for this well maintained home near Sharon Middle School. Many Updates including roof 21 years ago. Kitchen and electric 2016, Kitchen has soft close drawers and cabinets with granite counters. C/A compressor 2018, one furnace is approx 10 years old the other is 13-14years, newer bathrooms, newer windows. First floor expansion was done in the 80's. Solar panels are 4 years into a 25 yr lease. Escalating clauses are welcome
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017