117 Spear 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 29, 2025 | Sold | ||
| Sold | |||
| May 23, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed | $259,900 | |
| Listed | |||
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Welcome to this delightful 2-bedroom, 1-bathroom Cape nestled in one of the area's most sought-after neighborhoods. This home features two spacious bonus rooms, perfect for a home office, guest space, playroom, or hobby area.Enjoy the flexibility of extra square footage and the comfort of a classic layout with room to grow. Whether you're a first-time buyer, downsizing, or looking for a home with room to personalize, this property offers incredible potential in a location you'll love.Don’t miss out on this versatile and inviting home—schedule your showing today!
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| Apr 18, 2008 | Sold | ||
| Sold | |||
| Mar 28, 2008 | Listed by John G Molta Real Estate, Inc. | $81,000 | |
| Listed by John G Molta Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017