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402 Spangle Drive
About This Property
Lovingly maintained by its owners, this 4-bedroom, 2.5-bath home is full of warmth, care, and opportunity. The layout includes a spacious living room with a working fireplace, a formal dining room, and an eat-in kitchen ready to be reimagined. Upstairs, you'll find original hardwood floors beneath the carpeting, generously sized bedrooms, and a primary suite with its own bath.
Additional features include gas heating, a partial basement, attached one-car garage, and a fully functioning in-ground sprinkler system. The backyard is a true highlight - offering peaceful lake views, mature landscaping, and the perfect canvas for outdoor entertaining or quiet retreat.
With strong bones, unbeatable location, and room to update to your style, 402 Spangle Drive is a special opportunity to own a home with heart, history, and a setting you simply can't recreate.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Jun 23, 2025 | Listed by HomeSmart Dynamic Realty | $675,000 | |
| Listed by HomeSmart Dynamic Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017