18 Spencer Drive
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 |
|---|---|---|---|
| Jun 17, 2024 | Sold | ||
| Sold | |||
| May 21, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Listed by Keller Williams Gateway Realty | $599,000 | |
| Listed by Keller Williams Gateway Realty | |||
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Gem of a home located in the Bicentennial School District with 4 Bedrooms, 2 bathrooms, and a 2 Car Garage Under. This property has a lovely wooded backyard, a deck that spans the back of the house, and a four season sunroom! Enter into the first floor with hardwood floors throughout the living areas and dining room, and tile in the ¾ bath and kitchen. The large living room at the front of the house leads to the dining room with French door out to the large deck. The updated eat-kitchen with dark granite countertops, ample storage and large coffee bar area leads to a front to back Family room with wood burning fireplace, built-in shelves, sliding door access to the four season porch, and a door out to the deck! The second floor has 4 bedrooms all with hardwood floors and a full bathroom with jetted tub! This home has more options with a finished room in the lower level! This home has classic charm, plenty of square footage, natural woodwork, bright and sunny rooms, and is move in ready! Close to Route 3 Exits 1 & 4, great for commuting, shopping, and dining. Showings Begin 5/16/2024.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017