105 Spence Street
About This Property
You can BBQ downstairs or dine at a nearby restaurant that has amazing local food. You'll also appreciate cooking in the open kitchen while guests visit at the spacious kitchen Island or in the family room. The fireplace offers a choice of gas or wood for chilly evenings.
The Master Bathroom has a walk in shower and separate tub.
The elevator helps with moving items quickly and efficiently.
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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 |
|---|---|---|---|
| Oct 5, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | Listed by Toledo Bend Properties | $425,000 | |
| Listed by Toledo Bend Properties | |||
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This peaceful waterfront home offers beautiful sunsets from the wrap around covered balcony. It is move in ready and has 3 bedrooms and 2 bathrooms. The additional lot offers plenty of play area and additional water frontage. Downstairs, you will find an open area for entertaining, a pier for fishing and storage in the garage with front and rear doors.
You can BBQ downstairs or dine at a nearby restaurant that has amazing local food. You'll also appreciate cooking in the open kitchen while guests visit at the spacious kitchen Island or in the family room. The fireplace offers a choice of gas or wood for chilly evenings.
The Master Bathroom has a walk in shower and separate tub.
The elevator helps with moving items quickly and efficiently.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017