108 Spallus Rd
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by Gibson Sotheby's International Realty | $549,900 | |
| Listed by Gibson Sotheby's International Realty | |||
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Situated on nearly half an acre, this 1488 sq ft Cape features 4 bedrooms, 2 baths, a fenced backyard with a deck and a powered storage shed. Inside, the open kitchen showcases wood cabinets, stainless steel appliances, tiled backsplash, crown molding, and large island to extend the space. The main level includes a generous dining room with a picture window and fireplace, alongside a versatile first-floor bedroom/office complemented by a full bath. Upstairs, find three bedrooms, ample storage and another full bath. Recent upgrades include mini-split A/C units, hot water heater, and new windows in the first-floor bedroom/office. The expansion-ready basement space has dedicated workbench and laundry areas, and lots of storage space. Outside, enjoy the private back yard, ideal for entertaining. A welcoming front yard with 4 car parking completes this Gibbons School district gem, minutes from the commuter rail and major highways for easy access to Boston, Cape Cod & beyond.
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| Oct 17, 2017 | Sold | ||
| Sold | |||
| Aug 17, 2017 | Listed by Gibson Sotheby's International Realty | $425,000 | |
| Listed by Gibson Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017