1836 Spanish Trail
About This Property
Step inside to find upgraded LVP flooring, brand-new windows, and a spacious double living room featuring a cozy fireplace and sliding glass doors that flood the space with natural light. The chef's kitchen boasts a custom island, sleek finishes, and plenty of room for entertaining, along with fresh paint inside and out.
The backyard is perfect for relaxing or hosting, with a new wood fence, generous lawn, and a concrete patio ready for your outdoor furniture or personal touches. A two-car rear entry garage completes this beautiful property.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 18, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Relisted | $399,000 | |
| Relisted | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Relisted | $399,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017