9 Spring St
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 8, 2019 | Sold | ||
| Sold | |||
| Oct 22, 2018 | Listed by Keller Williams Realty | $479,900 | |
| Listed by Keller Williams Realty | |||
| May 17, 2017 | Sold | ||
| Sold | |||
| Mar 15, 2017 | Listed by Todd A. Sandler REALTORS® | $85,000 | |
| Listed by Todd A. Sandler REALTORS® | |||
| | |||
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Vacant Land, Buyer to do all due diligence. Property features a spacious lot. Prop avail 3/24/2017, Bids due Daily by 11:59 PM (CT) until sold. FHA Case #251-333889 Uninsured. BLB Resources or agent makes no warranty as to condition of property. Buyer to verify all info.
| |||
| Apr 4, 2011 | Listed by Keller Williams Realty | $154,900 | |
| Listed by Keller Williams Realty | |||
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