4233 N Spaulding Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by @properties Christie's International Real Estate | $1,050,000 | |
| Listed by @properties Christie's International Real Estate | |||
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Welcome home to this meticulously renovated 5 bedroom, 4 bath residence, where joyful energy meets creative design and exquisite craftsmanship. Situated on an EXTRA WIDE 30' lot on serene tree-lined Spaulding Ave, this former brick two-flat has been transformed into a stunning single-family flooded with natural light and brimming with character. Featuring white oak hardwood floors, this home seamlessly blends historic charm with modern amenities. The kitchen is a chef's dream, featuring custom Amish cabinetry with soft-close drawers, wooden interior organizers, pot filler and high-end stainless steel Bosch appliances. The main living area boasts a seamless flow into a large dining space, enhanced by hidden touches such as a sliding wood panel door that opens to reveal a cozy den or office space. Upstairs you will find a king-sized primary suite with large walk-in closet and a gorgeous dual vanity en-suite bath with heated floors and walk-in shower. Two additional generously sized bedrooms, a 3rd full bath with tub/shower combo, tremendous storage at every turn, and large landing perfect for play/den area complete this level. The lower level features a 2nd living space, wet bar, 5th bedroom, enormous 2nd mudroom ideal for bikes/strollers/pets, and ample additional spaces for tools, toys, or arts and crafts! Last, but not least, step outside to discover your own private oasis, complete with cedar decking, a majestic maple tree, and two galvanized raised bed planters, perfect for cultivating your own urban garden. Sustainable living is made easy with three rain barrels, two water pumps, a below-ground rainwater retention tank, and a built-in drip irrigation system for the planters. Detached 2 car garage with additional storage. 4231 Spaulding NEXT DOOR is also available for $599k---Income producing 2 unit building (2 beds + 1 bath each) + in-law garden 1 bed suite. Makes for an amazing investment and "side yard" opportunity!
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| Oct 8, 2021 | Sold | ||
| Sold | |||
| Jun 17, 2021 | Listed by Coldwell Banker Realty | $925,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017