42 Spoondrift Way
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 |
|---|---|---|---|
| Oct 4, 2019 | Sold | ||
| Sold | |||
| Mar 19, 2019 | Listed by Kinlin Grover Real Estate | $1,699,000 | |
| Listed by Kinlin Grover Real Estate | |||
| Dec 3, 2018 | No longer available | - | |
| No longer available | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Aug 8, 2018 | Listed | $1,649,000 | |
| Listed | |||
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Waterfront with deep water dock located in New Seabury's Bright Coves Village. This Contemporary home has been completely renovated and offers an open floor plan with custom Kitchen, living room with gas fireplace & dining area all with hardwood floors and multiple sliders to large deck. Master bedroom with private bath plus two guest bedrooms & another full bath all on the first floor. Lower level offers an entertainment room with a second gas FP, kitchenette/bar, full bath and bonus room, plus a storage & laundry room. Sliders from LL opens onto a brick patio with built-in fire pit & professional landscaping with native plantings leading to a dock giving you access to Popponesset Creek with warm waters of Nantucket Sound just minutes away Just a short walk away you will find Popponesset Spit which gives you access to a beautiful sandy beach. Owner has approval from Town for a detached two car garage.. The manager has listed the unit size as 2500 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017