27 Spray Avenue
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 30, 2020 | Sold | ||
| Sold | |||
| Sep 11, 2018 | Listed by East Coast Properties | $1,899,000 | |
| Listed by East Coast Properties | |||
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Stunning oceanfront home with a magnificent view, pool and tranquil setting. This freshly painted custom crafted Deck home has a dramatic open floor plan with cathedral ceilings cedar floors, a stone fireplace and uplighting. An elegant living room is framed by a wall of windows that bring in the sights and sounds of the ocean. Chef's will appreciate the updated kitchen, expansive island and vegetable garden outside. Three generous bedrooms on the second floor include an expanded master suite with 3 walk in closets, oversized marble master bath and private deck. Home gym or fourth bedroom option. This extraordinary property has a beautiful kidney shaped pool with hot tub, convenient cabana, ample seating and steps to your private beach. Two car garage and lush private setting. Vacation year round with this special home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017