2 Spencer Avenue
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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 |
|---|---|---|---|
| Jan 10, 2024 | Sold | ||
| Sold | |||
| Jul 6, 2023 | Listed by Keller Williams Realty Partner | $399,000 | |
| Listed by Keller Williams Realty Partner | |||
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Relax and enjoy this Colonial Home with lake rights to Orange Lake, where you can enjoy picnics, swimming, fishing, and boating. Main level offers you a spacious living room, formal dining room, eat in kitchen with stainless steel appliances, family room, enclosed porch and 1-half bathroom. Second level offers you 4 bedrooms and 2 full bathrooms. Lower level offers a utility room, laundry hook ups, and additional space for storage. Municipal water and municipal sewer. Within close proximities to local businesses, Newburgh Mall, NY Stewart International Airport, Route I-87/ I-84 and about 1-hour commute to NYC.
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| Oct 7, 2020 | Sold | ||
| Sold | |||
| Oct 3, 2019 | Sold | ||
| Sold | |||
| Dec 1, 2018 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017