22 Spear Ave
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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by Redfin Corp. | $674,900 | |
| Listed by Redfin Corp. | |||
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This charming 4-bedroom Cape Cod-style home, built in 1952, offers a blend of classic character and modern updates. Located in the sought-after North Walpole neighborhood, it’s within the highly-rated Fisher School district. Inside, you’ll find hardwood floors, central air, a modern kitchen with 2022 stainless steel appliances, and a partially finished basement with a half bath. The home also features a fenced-in yard, a Trex deck, a large driveway, a 220V EV charger for convenient electric vehicle charging, and is ideally situated approximately 3/4 mile from downtown Walpole’s restaurants, shops, and train station. Close to public transportation, shopping, and schools—this home is a real gem!
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| Apr 20, 2018 | Sold | ||
| Sold | |||
| Jun 23, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017