142 Spray Avenue
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 25, 2019 | Sold | ||
| Sold | |||
| May 11, 2018 | Listed by Coldwell Banker Realty | $950,000 | |
| Listed by Coldwell Banker Realty | |||
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Location, Location, Location! Remodeled--If you have been looking to live near the beach.....This is it! It doesn't get any better. Only steps to the sand. SINGLE LEVEL 3 bedroom, 2 bath home with 2 car garage near the beach! Spacious home with open floor plan and cozy sun room will make your heart melt. The remodel includes new lighting, new tile flooring (looks like wood) , new carpet, new bathrooms, new kitchen and appliances. Stroll down to the beach only 2 blocks away. Great location with easy access to shopping, highway 1, The Wharf, recreation trail, Aquarium and more. Make this your 2nd home away from home or live here forever!
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| Jul 20, 2017 | Sold | ||
| Sold | |||
| Jun 12, 2017 | Listed by Backus Properties | $699,000 | |
| Listed by Backus Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017