3916 Spinnaker Run Point
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 1, 2020 | No longer available | - | |
| No longer available | |||
| Jul 30, 2020 | Sold | ||
| Sold | |||
| Mar 9, 2020 | Listed | $1,300,000 | |
| Listed | |||
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True Custom California Contemporary masterpiece on 1 acre in Sunrise Bay. No expense was spared. One of a kind home that features in floor heating, custom -touch to open- cabinetry, high end appliances and fixtures - Sub Zero, Miele, Wolf. Master chef kitchen includes a massive 15 foot island with waterfall edge, spectacular custom glass back splash. Ultra High Efficiency HVAC system, tankless water heater, entire home foam sprayed insulation - including 4 car AC and heated garage, metal roof, LED lights throughout, and abundant storage. Outdoor features include screened in patio with stone fireplace, brand new pool,custom wrought iron fence, high end modern landscaping, and custom dog run with turf. The manager has listed the unit size as 3356 square feet.
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| Feb 22, 2020 | Listed by Melissa Renfro Realty Group | $1,300,000 | |
| Listed by Melissa Renfro Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017