4331 Spellman Road
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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 |
|---|---|---|---|
| Sep 13, 2023 | Sold | ||
| Sold | |||
| Apr 7, 2023 | Listed by BHGRE Gary Greene | $358,000 | |
| Listed by BHGRE Gary Greene | |||
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Spacious totally remodeled home w/generous room sizes & tons of extra closet space! Taken down to studs-2007. Large front porch w/Wisteria covered trellis arbor. Inviting beveled glass front door. Wonderful High ceiling in huge oversized livingrm w/gas log Fireplace & Limestone cornice. Recessed lights. Crown Molding. Round sheetrock corners! French doors to backyard w/brickpaver patio. Kitchen w/SS appliances & granite counters. 5-burner gas cooktop. SS undermount sink & brushed nickel gooseneck faucet. Breakfast bar opens to Livingrm. Lots of upper & lower cabinets. Pantry! Graceful arch & wood floors in dining area. HUGE primary bedrm w/walk-in closet & high tray ceiling & Recessed lights. Large primary bathrm w/granite counters, dbl-sinks & vanity area & linen closets. Big soaking tub w/Rainfall showerhead. Guest bathrm w/Granite counters, shower & linen closet. Raised 6-panel interior doors. Updated electrical wiring & breaker box. Insulated walls. Ceiling fans, Blinds. Roof 2021.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017