29 Spindle Tree 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 |
|---|---|---|---|
| Aug 26, 2020 | Sold | ||
| Sold | |||
| Jul 15, 2020 | Listed by RyVal Homes | $575,000 | |
| Listed by RyVal Homes | |||
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It is time to make this house your home. There is a great feeling of community in this neighborhood, but also privacy just because of where this home is located in the development. You have a fenced yard and patio for summer time relaxing. The open floor plan is great for entertaining, Thanksgiving last year was 20+ people for a sit down dinner and yet it feels wonderfully homey every day. The fact that you have 2 fireplaces is great, if it is a cold winters night build a big roaring wood fire in the living room, if on the other hand it is a brisk morning and you just want to take the chill off, just light the gas fireplace in the sun room and snuggle in. Please come and check it out on the weekend of 7/18 open houses, offers reviewed on Tuesday the 21st. All this, plus the peace of mind that comes with a whole house generator, central A/C, and irrigation system.
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| Nov 3, 2019 | No longer available | - | |
| No longer available | |||
| Sep 27, 2019 | Price Decreased |
$599,900
↓ $14K
(2.3%) | |
| Price Decreased | |||
| Sep 13, 2019 | Listed by Stone Ridge Properties, Inc. | $613,900 | |
| Listed by Stone Ridge Properties, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017