36 Spa Road
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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed | $675,000 | |
| Listed | |||
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WATERFRONT Rare opportunity to own this well-maintained, fully furnished lakefront home on Queen Lake on a double lot with additional private deeded beach next door. The 35-ft open-concept living/dining area and screened porch offer stunning water views. Features include fireplace with wood insert, multiple mini splits, solid surface counters, soapstone sink, large pantry, and gas stove. Second floor offers a spacious primary bedroom, two additional bedrooms, and a second full bath. Additional highlights: 6-person barrel sauna (dry/steam), converted boathouse with stained glass, loft sleeping area and private deck overlooking the lake—ideal for studio or guest space. Fruit trees, two fire pits, flower gardens, Presby septic, roof ~12 yrs old, and new hot water heater complete the property.
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| May 18, 2018 | Sold | ||
| Sold | |||
| Mar 5, 2018 | Listed by Colby Realty | $259,900 | |
| Listed by Colby Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017