24
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200 Spray Road
About This Property
Inside, you'll find a functional floor plan with generous living space and endless opportunities to customize and make it your own. A full walk-out basement adds tremendous value, offering additional space for storage, recreation, or future finishing--ideal for expanding your living area.
Step outside to a fully fenced yard, perfect for pets, entertaining, or creating your own private outdoor retreat. The corner property provides added privacy and space, making it a standout in the neighborhood.
Whether you're a first time buyer, downsizing, or looking for an investment opportunity, this home is full of possibilities in a prime location close to shopping, dining, and the Jersey Shore.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jun 12, 2026 | In contract | - | |
| In contract | |||
| May 4, 2026 | Listed by RE/MAX Revolution | $399,000 | |
| Listed by RE/MAX Revolution | |||
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About Ocean Acres
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017