901 Spring Lane
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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.
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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 4, 2023 | Sold | ||
| Sold | |||
| Jun 26, 2023 | Listed by Berkshire Hathaway HomeServices Chicago | $2,999,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
| Oct 4, 2019 | No longer available | - | |
| No longer available | |||
| Jun 10, 2019 | Listed | $2,750,000 | |
| Listed | |||
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Beautifully appointed gracious home, originally designed by Jerome Cerny, totally renovated & updated for todays life style. Located just one block from Lake Michigan on a very private 2.2 acre ravine lot with an in-ground pool, gorgeous gardens and a separate coach house by Howard van Doren Shaw. Light and airy, it features stunning views and great layout. Chefs kitchen w/ high end appliances opens to a large family room w/FP and a spacious screened porch. Formal dining and living room w/ FP, separate den/ music room. Fabulous 1st floor master suite overlooking the stunning grounds & stone terraces. 3 additional family bedrms with en-suite baths. 2nd floor study w/ built-ins. Finished LL w/ large rec /theatre rm, bedrm and full bath, and 3-car garage completes the main house. The coach house features a beautiful LR with vaulted beamed ceilings, kitchen and 2 baths, plus basement for utilities & storage. Fabulous home and tranquil setting! (GRT rm & 6th br located in coach house) The manager has listed the unit size as 5192 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017