4725 Spine Rd #A
About This Property
The manager has listed the unit size as 747 square feet.
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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%.
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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.
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 |
|---|---|---|---|
| Jul 2, 2020 | Sold | ||
| Sold | |||
| May 12, 2020 | Listed | $334,000 | |
| Listed | |||
| | |||
|
Updated ground floor condo with attached garage access. West facing, windows have been replaced w/Pella windows, tile in kitchen & bath, exterior walls have extra insulation, cathedral ceiling. Cathedral ceiling has loft, usuable for sleeping, child play area, or storage,w/return HVAC duct added. Wood flooring throughout, lg built-in storage unit and expanded closet in master bedroom, 2nd bedroom w/closet. This open floor plan includes washer/Dryer, microwave, fridge, dishwasher, and AC unit. Nice location, front patio/porch! HOA includes pool, hot tub, tennis courts, snow removal, trash pick up, and water/sewer and allows up to two pets.
| |||
| May 10, 2020 | No longer available | - | |
| No longer available | |||
| Apr 29, 2020 | Listed | $339,000 | |
| Listed | |||
| Aug 2, 2004 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/19/2026
|
1 Bed
|
1 Bath
|
472 ft²
|
$285,000
1 Bed
1 Bath
472 ft²
|
-
-
|
Mackenzie Page
Your Castle Real Estate Inc
| |
|
04/15/2025
|
2 Bed
|
1 Bath
|
729 ft²
|
$400,000
2 Bed
1 Bath
729 ft²
|
$355,000
-11.25%
07/16/2025
|
Jillian Fowler
The Agency - Boulder
| |
|
10/07/2022
|
1 Bed
|
1 Bath
|
472 ft²
|
$279,500
1 Bed
1 Bath
472 ft²
|
$284,500
+1.79%
12/08/2022
|
Ronald Pearce
HomeSmart
| |
|
02/05/2021
|
1 Bed
|
1 Bath
|
472 ft²
|
$285,000
1 Bed
1 Bath
472 ft²
|
$195,000
-31.58%
02/18/2021
|
Antonio Martinez
| |
|
04/29/2020
|
2 Bed
|
1 Bath
|
747 ft²
|
$339,000
2 Bed
1 Bath
747 ft²
|
$334,000
-1.47%
07/02/2020
|
David Burns
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017