9281 Spring Run Boulevard #2603
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 30, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Apr 5, 2024 | Listed by Local Real Estate LLC | $414,000 | |
| Listed by Local Real Estate LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/18/2025
|
2 Bed
|
2 Bath
|
1209 ft²
|
$367,900
2 Bed
2 Bath
1209 ft²
|
-
-
|
Dan Demczak
Knowledge Base Real Estate
| |
|
02/28/2025
|
2 Bed
|
2 Bath
|
1209 ft²
|
$389,900
2 Bed
2 Bath
1209 ft²
|
-
-
|
Dan Demczak
Knowledge Base Real Estate
| |
|
01/08/2025
|
2 Bed
|
2 Bath
|
1558 ft²
|
$479,000
2 Bed
2 Bath
1558 ft²
|
$435,000
-9.19%
03/25/2025
|
Justin Jordan
Local Real Estate LLC
| |
|
04/22/2024
|
2 Bed
|
2 Bath
|
1333 ft²
|
$409,900
2 Bed
2 Bath
1333 ft²
|
$365,000
-10.95%
09/24/2024
|
Rosemary Scheetz-Bruce
Keller Williams - Bonita Springs
| |
|
04/05/2024
|
2 Bed
|
2 Bath
|
1333 ft²
|
$414,000
2 Bed
2 Bath
1333 ft²
|
$375,000
-9.42%
09/30/2024
|
Justin Jordan
Local Real Estate LLC
|
Building Info
About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017