22095 Spears Road
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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 14, 2023 | Sold | ||
| Sold | |||
| Oct 19, 2022 | Listed by JLA Realty | $180,000 | |
| Listed by JLA Realty | |||
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Investor special, unrestricted close to 59 and 99. This one has 3 homes, two of them are attached via a breeze way. The A frame unit is a one bedroom studio type apartment with small kitchen and loft bedroom. The main home has 2 kitchens and part of it was used as a massage/spa business, second unit attached via the breeze way is a 2 bedroom 1 bath. This property has a lot of potential for the right buyer. Selling as is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017