122 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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | In contract | - | |
| In contract | |||
| Dec 20, 2024 | Listed by Real Broker MA, LLC | $295,000 | |
| Listed by Real Broker MA, LLC | |||
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Opportunity knocks! This spacious 1,984 sqft cape-style home features 4 bedrooms, 2 full baths, and 8 versatile rooms waiting for your personal touch. The family room stands out with its woodstove/fireplace and stunning vaulted, beamed ceiling. Three first-floor bedrooms and a second-floor bedroom and additional office provide flexible living arrangements. Situated on a level lot with a fenced backyard and patio, this property is ideal for outdoor enjoyment. The partially finished basement adds potential for even more living space. Bring your vision and a little TLC to make this home truly shine!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017