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$176,000
● Condo - Off Market

62 Spooner, #8

bedrooms
2 Beds
bathrooms
1 Bath
square feet
86,850 Ft²
$404,155
RealtyHop Estimate
125.16%
Since Oct 1, 2003
National-US
Primary Model

About This Property

NEW CARPETING AND PAINT GREAT ALTERNATIVE TO  SINGLE FAMILY INTOWN LOCATION AND AT A GREAT PRICE!!! 2 TO 3 BEDROOMS PLENTY OF PARKING 2 LEVELS OF LIVING WITH YOUR OWN SEPERATE BASEMENT. OPEN HOUSE SAT 8/23 12-2 3A 2 FOREST 2 SPOONER!!!
Unit Size
86,850 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$2
Property Type
Condo
Property Taxes
$833
HOA Dues
$100
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 years ago (MLSPIN #30674921)

Price History

Date / Event Date Event Price
Sep 26, 2003 Sold
Premium
Sold
Dec 17, 2002 Listed by Mayflower Realty, Inc. $179,500
Listed by Mayflower Realty, Inc.

Property Highlights

Interior Details
Level: First
Width: 15
Length: 15
Area: 225
Area: 48
Length: 8
Level: Second
Width: 6
Level: Second
Width: 12
Length: 12
Area: 144
Length: 12
Level: First
Area: 144
Width: 12
Level: Second
Length: 12
Width: 12
Area: 144
Features: No
Full Bathrooms: 1
Interior Features: Den
Flooring Type: Wood
Laundry Features: First Floor
Rooms: 6
Basement: Y
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Winthrop House Condominium
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Area: 0.75
Lot Size Units: Acres
Lot Size Acres: 0.75
Zoning: RES
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $9,999,999
Tax Annual Amount: $9,999
Utilities Details
Cooling Type: None
Heating Type: Individual
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubroom
HOA Fee: $100
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30674921
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