212 Spray Road
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 |
|---|---|---|---|
| Jul 16, 2021 | Sold | ||
| Sold | |||
| Mar 31, 2021 | Listed by Century 21 Action Plus Realty | $250,000 | |
| Listed by Century 21 Action Plus Realty | |||
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This one won't last long so don't walk...run to see it now. This is your opportunity to own in desireable Ocean Acres at a great price. With just a little bit of love, this 3 bedroom, 1 bathroom ranch will sparkle like the gem it is meant to be. The wooded lot is level and fenced providing lots of room for outdoor activities. Store all your tools & outdoor equipment in the large shed in the rear yard. There is a NEW ROOF, NEW AC (except outside condenser) & NEW HOT WATER HEATER. With gas available in the area, conversion is definitely a possibility. Home is being sold AS IS; seller is unaware of any structural issues.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017