9331 Spring Run Boulevard #3006
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 |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| Jun 1, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Price Decreased |
$289,000
↓ $11K
(3.5%) | |
| Price Decreased | |||
| May 2, 2025 | Price Decreased |
$299,500
↓ $15K
(4.9%) | |
| Price Decreased | |||
| Apr 6, 2025 | Price Decreased |
$314,900
↓ $31K
(8.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/04/2026
|
2 Bed
|
2 Bath
|
1558 ft²
|
$470,000
2 Bed
2 Bath
1558 ft²
|
-
-
|
Garren Grup
John R. Wood Properties
| |
|
07/16/2025
|
2 Bed
|
2 Bath
|
1178 ft²
|
$310,000
2 Bed
2 Bath
1178 ft²
|
$265,000
-14.52%
03/18/2026
|
Paula J Cook-Dehen LLC
Strategic Realty Services, LLC
| |
|
12/13/2024
|
2 Bed
|
2 Bath
|
1209 ft²
|
$395,000
2 Bed
2 Bath
1209 ft²
|
$260,000
-34.18%
07/15/2025
|
Justin Jordan
Local Real Estate LLC
| |
|
04/29/2021
|
2 Bed
|
2 Bath
|
1178 ft²
|
$209,900
2 Bed
2 Bath
1178 ft²
|
$225,000
+7.19%
06/18/2021
|
Dotty J Rydell
| |
|
03/05/2021
|
2 Bed
|
2 Bath
|
1333 ft²
|
$199,900
2 Bed
2 Bath
1333 ft²
|
-
-
|
-
|
Building Info
- 1 Unit for Sale
About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017