217 SPANISH MARSH Drive
About This Property
Don't miss the savings and efficiency of this ready to build package! Buyer to select finishes within allowances. Pool package available. Listed as vacant land, see MLSID:2001700
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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 |
|---|---|---|---|
| Mar 12, 2024 | Sold | ||
| Sold | |||
| Jan 3, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $1,371,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
| Mar 13, 2023 | Sold | ||
| Sold | |||
| Jan 24, 2023 | Listed by eXp REALTY LLC | $299,000 | |
| Listed by eXp REALTY LLC | |||
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Lot located at the end of a quiet street providing lots of tranquility and privacy, yet not too far from the clubhouse and amenities center, you have the best of both worlds! Nestled within gated Palencia, you have everything you might need close by including shopping, dining, schools, club facilities and more. Private with no neighbors in the back, you feel like you are in your own oasis! Seller financing available. Also listed as a home to be built by JRA Construction Group, see MLS # 1190551
| |||
| Sep 7, 2022 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $1,390,350 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017