2801 Spa Drive
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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Price Increased |
$299,990
↑ $990
(0.3%) | |
| Price Increased | |||
| Apr 22, 2025 | Listed by Keller Williams Realty Clear Lake / NASA | $299,000 | |
| Listed by Keller Williams Realty Clear Lake / NASA | |||
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Welcome to your new home! This beautifully updated home features brand new waterproof vinyl flooring throughout, fresh paint in every room, recently installed roof, a powerful pump fueled French drain system to mitigate any flooding concerns, and countless more updates and upgrades, all bringing a fresh and modern feel to every square foot of this beauty. The plumbing has been upgraded to PEX, with a recently installed water heater as well. The kitchen features all new custom cabinets with quartz countertops, and TONS of space. Outside a generator pre wired outlet and powered shed wait for your custom touches, EASILY turning into an outdoor air conditioned project area! Enjoy a spacious layout perfect for everyday living and entertaining with sectioned off bedrooms for privacy. Located in a quiet, established neighborhood with convenient access to schools, shopping, and dining. This beauty is move-in ready and waiting for you to make it your own with your custom touches!
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| Feb 24, 2025 | Sold | ||
| Sold | |||
Property Highlights
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About South Pasadena Plaza
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$2,250 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017