61 Spencer St
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 1, 2026 | Sold | ||
| Sold | |||
| Apr 24, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Listed by NRG Real Estate Services, Inc. | $299,900 | |
| Listed by NRG Real Estate Services, Inc. | |||
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Classic Craftsman Colonial in desirable East Forest Park! This home blends timeless charm with modern updates, featuring original woodwork, hardwood floors, and a welcoming front porch. The updated eat-in kitchen offers granite countertops, stainless steel appliances, and great flow into the formal dining room with built-ins. A spacious living room with fireplace and custom built-ins creates the perfect gathering space. First-floor half bath adds convenience. Upstairs, you’ll find 3 generously sized bedrooms with ample closet space and a full bath. Natural gas heat, a cozy side deck, and a fenced-in yard complete the package. A perfect blend of character, comfort, and location—don’t miss your chance to call this home!
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| Jun 2, 2017 | Sold | ||
| Sold | |||
| Apr 12, 2017 | Listed by Real Living Realty Professionals, LLC | $159,900 | |
| Listed by Real Living Realty Professionals, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017