1 SPINNEY CREEK Road
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 |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | Listed by Anne Erwin Sothebys International Rlty | $399,000 | |
| Listed by Anne Erwin Sothebys International Rlty | |||
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This bright and cheerful home, nestled in a quiet neighborhood near Spinney Creek and the Piscataqua River, offers a delightful blend of comfort and convenience. With a new roof, mini-split, a spacious deck, a new chimney, water heater, and woodstove, this residence boasts practical upgrades. Inside, you'll find two full baths, three bedrooms, and a bonus room on the lower level. The sunny kitchen, with stainless appliances, has access to the rear deck and overlooks the open living area warmed by a woodstove. The side yard has multiple fenced, raised beds for your summer vegetable or flower gardens. Store your tools and yard equipment in the newly painted shed. This home is located in a quintessential Maine neighborhood with easy access to all major commuter routes, Kittery Foreside and Portsmouth, NH.
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| Nov 12, 2021 | Sold | ||
| Sold | |||
| Aug 16, 2021 | Listed by Century 21 Newson Associates | $360,000 | |
| Listed by Century 21 Newson Associates | |||
| Aug 17, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017