11701 Spriggs Way
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 |
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| Aug 22, 2022 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by 16th Street Realty LLC | $2,450,000 | |
| Listed by 16th Street Realty LLC | |||
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Jamestown Estate Homes presents their latest Memorial Village home in the heart of Hedwig Village. 5 bedrooms, 5.5 bathrooms, with gamerooms/flex spaces on both the first and the second floors. The home's drive-through garage leads to a 2 car carport so you can have 4 covered spaces when you need them, and additional entertaining space connected to the outdoor kitchen when you don't! The home was designed to preserve 3 beautiful mature trees in the side yard, views of which can be enjoyed from the study, kitchen, and dining space. The upstairs primary bedroom has a cathedral ceiling, a show-stopping bathroom, and two LARGE closets. One of the four nicely sized secondary bedrooms is located on the first floor. The backyard has plenty of room for a pool. Zoned to Bunker Hill Elementary, Spring Branch Middle, and Memorial High School.
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| Jan 8, 2021 | Sold | ||
| Sold | |||
| Jul 29, 2019 | Listed by RE/MAX Preferred Homes | $899,900 | |
| Listed by RE/MAX Preferred Homes | |||
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Visualize making a half million dollars on your next investment. Premium lot with home has been reduced to a slamin' deal, home 3 houses down sold for 2.4m in 2020. Priced $600,000 less than the least expensive home in this exclusive city; $50,000 less than the other lots in the neighborhood. Come out ahead with building your dream home or remodel this unique home in Memorial. Walk your child to school or have your teenager drive to Memorial High. Wake up late.. you'll still make it to work or church on time living in Hedwig Village. Love to shop. Memorial City Mall is just around the corner and offers luxury brands to fill your closet. Make this home your own by choosing custom finishes or build a dream home on this multimillion-dollar street. Enjoy morning walks with your friends. RARE opportunity to invest where you live, and it won't last long. Most of all, spend time with the ones you love and enjoy your time in this prestigious location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017