11 Spinnaker Lane
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 |
|---|---|---|---|
| Oct 14, 2014 | Sold | ||
| Sold | |||
| Apr 12, 2010 | Listed by Coldwell Banker Realty - Marion | $925,000 | |
| Listed by Coldwell Banker Realty - Marion | |||
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Beachfront home on Sippican Harbor. This newly renovated property has an open floor plan with views of the bay throughout the house. The interior boasts a floor to ceiling cobblestone fireplace, kitchen with stainless steel appliances, granite countertops and cherry cabinets, wood flooring and three full baths. There is also a choice of master bedrooms either on the first or second floor. Three to four bedrooms depending on use. This is a great family home for summer and year round living.
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| Oct 26, 2004 | Sold | ||
| Sold | |||
| Jul 28, 2004 | Listed by Coldwell Banker Residential Brokerage - Marion | $1,200,000 | |
| Listed by Coldwell Banker Residential Brokerage - Marion | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017