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42940 SPYDER PLACE
About This Property
The updated kitchen features white cabinetry, black granite countertops, modern lighting, and a bright breakfast area. Upstairs, the expansive primary suite offers custom built-ins and a luxurious bath with a jetted soaking tub and separate shower. Additional bedrooms provide generous space and charm throughout.
The finished lower level offers flexible recreation space, stylish barn door details, and ample storage. Enjoy the beautifully landscaped patio with outdoor lighting, perfect for relaxing or entertaining.
Additional updates include a new HVAC system installed in 2025. Conveniently located near shopping, dining, parks, and major commuter routes, this move-in ready home is one you won't want to miss!
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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.
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About South Riding
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017