388 Spooner Street
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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 |
|---|---|---|---|
| Jun 9, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by Keller Williams Realty | $239,999 | |
| Listed by Keller Williams Realty | |||
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Modern townhouse living in the suburbs is here for the taking! This corner lot home has so much to offer from an open floor plan to multiple accessible highways. Walk into a modern open space ideal for entertaining with a decked out kitchen that includes a large island, white cabinets, granite countertops, and stainless steel appliances. The primary bedroom offers spacious closets, and an ensuite complete with double vanities. As you walk up the stairs you will find not one, but two balconies. One leading into the backyard and the other is located just outside one of the upstairs bedrooms, nearing the front of the home. It is walking distance to the local elementary and Memorial Park in Pasadena. Do not miss out on this newly built lightly lived in home. Make your appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017