246 SPEC LANE
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 |
|---|---|---|---|
| Dec 8, 2025 | Sold | ||
| Sold | |||
| Dec 8, 2025 | Listed by STELLAR NON-MEMBER OFFICE | $160,000 | |
| Listed by STELLAR NON-MEMBER OFFICE | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Aug 10, 2025 | Listed by AJ REALTY GROUP FLORIDA INC | $175,000 | |
| Listed by AJ REALTY GROUP FLORIDA INC | |||
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Beautiful two bedroom two bath mobile home with water and boat access. We welcome you to come check out this recently remodeled beauty on this amazing grass filled lot. Well maintained and offers two sheds/work spaces with an additional covered area for your lawn equipment. Boat and water access comes with voluntary civic association membership at just $120/per year ($60 per lot/year, home is on double lot). Bring your fishing poles and boat for this one.
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| Jul 2, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017