1925 Spencer Lane
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| May 29, 2020 | Sold | ||
| Sold | |||
| May 14, 2020 | No longer available | - | |
| No longer available | |||
| Apr 18, 2020 | Price Decreased |
$264,990
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Mar 30, 2020 | Price Decreased |
$269,990
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Mar 8, 2020 | Listed | $275,000 | |
| Listed | |||
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The Home is brick completely, with a 2016 roof, Lennox 16 SEER Geothermal programmable thermostat HVAC 2016, 42 inch cabinets in the kitchen, ceramic tile and soaring 10ft ceilings, large foyer opens to open floor plan with eat in kitchen with bay windows. Large Master bedroom with shower or garden tub ensuite and walk in closet, and pretty Cheyenne doors throughout. 14,500+ sqft lot with giant square and level back yard with views of trees and skies on the side and back as it is surrounded on 2 sides with greenbelt for real privacy. View from my kitchen bay windows through the arches of my front porch. From front door is a .6 mile walk to Lake Lavon take pictures of the sunsets and sunrises on the Lake. The manager has listed the unit size as 1854 square feet.
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About Wylie
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$2,295 /mo
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$2,195 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017