50 Spearfish Road
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 |
|---|---|---|---|
| Jun 24, 2025 | Listed by eXp Realty, LLC | $1,450,000 | |
| Listed by eXp Realty, LLC | |||
| Jan 24, 2025 | No longer available | - | |
| No longer available | |||
| Jan 22, 2025 | Listed | $1,500,000 | |
| Listed | |||
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This commercial building has visibly directly to Highway 259, just beside and behind the EZ Mart gas station on the East side of Highway 259 in the heart of Hochatown. Approximately 1,000 square feet of the commercial building in heated and cooled with two separate office areas, with a kitchenette and a full bathroom. There are three full size garage doors for commercial use in two separate storage bay areas. In addition to that there are two other separated storage areas with access through the office areas. This building can easily be converted into a multiple use areas for six or more businesses. With the highway visibility, the building can be uses for a shopping center, office space, storage, tourism businesses, etc. There is also approx. 1.5 acres in front of the building that can be used for future commercial businesses.
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| Jan 5, 2023 | Listed by eXp Realty, LLC | $1,500,000 | |
| Listed by eXp Realty, LLC | |||
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|
This commercial building has visibly directly to Highway 259, just beside and behind the EZ Mart gas station on the East side of Highway 259 in the heart of Hochatown. Approximately 1,000 square feet of the commercial building in heated and cooled with two separate office areas, with a kitchenette and a full bathroom. There are three full size garage doors for commercial use in two separate storage bay areas. In addition to that there are two other separated storage areas with access through the office areas. This building can easily be converted into a multiple use areas for six or more businesses. With the highway visibility, the building can be uses for a shopping center, office space, storage, tourism businesses, etc. There is also approx. 1.5 acres in front of the building that can be used for future commercial businesses.
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| Dec 20, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017