48A Spinney Path #A
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 |
|---|---|---|---|
| Aug 15, 2003 | Sold | ||
| Sold | |||
| Jun 3, 2003 | Listed by Nahant Associates, Inc. | $289,000 | |
| Listed by Nahant Associates, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/09/2021
|
2 Bed
|
2 Bath
|
1135 ft²
|
$400,000
2 Bed
2 Bath
1135 ft²
|
$450,000
+12.50%
10/29/2021
|
Lisa Hayford
Lamacchia Realty, Inc.
| |
|
06/08/2018
| |
2 Bed
|
2 Bath
|
1135 ft²
|
-
2 Bed
2 Bath
1135 ft²
|
-
-
|
-
|
|
06/06/2018
|
2 Bed
|
2 Bath
|
1135 ft²
|
$369,000
2 Bed
2 Bath
1135 ft²
|
$390,000
+5.69%
08/27/2018
|
O'Connor & Highland
Keller Williams Realty Boston-Metro | Back Bay
| |
|
04/21/2016
|
2 Bed
|
2 Bath
|
1135 ft²
|
$349,000
2 Bed
2 Bath
1135 ft²
|
$338,000
-3.15%
06/24/2016
|
Karen Butt
Compass
| |
|
06/19/2013
|
2 Bed
|
2 Bath
|
1135 ft²
|
$299,000
2 Bed
2 Bath
1135 ft²
|
$299,000
08/26/2013
|
Paul Reardon
William Raveis R.E. & Home Services
| |
|
01/27/2004
|
2 Bed
|
2 Bath
|
1013 ft²
|
$239,000
2 Bed
2 Bath
1013 ft²
|
$215,000
-10.04%
03/29/2004
|
Betty Macarelli
Nahant Associates, Inc.
| |
|
06/03/2003
|
2 Bed
|
2 Bath
|
1135 ft²
|
$289,000
2 Bed
2 Bath
1135 ft²
|
$278,500
-3.63%
08/15/2003
|
Betty Macarelli
Nahant Associates, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017