69 Spar Drive
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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 |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | In contract | - | |
| In contract | |||
| Feb 20, 2024 | Listed by Eric G Ramsay Jr Assoc LLC | $460,000 | |
| Listed by Eric G Ramsay Jr Assoc LLC | |||
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This stunning property was just built in 2020... and you can tell as it is in mint condition. Featuring 3-bedrooms, 2-baths, high bedroom-ceilings, and central air: this home exudes modern elegance throughout. Rest easy knowing that while being situated just 2 blocks from the water, flood insurance is not required. Priced at an irresistible $460,000, this property presents exceptional value and is sure to fly off the market.
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| Dec 7, 2020 | Sold | ||
| Sold | |||
| Jun 24, 2020 | In contract | - | |
| In contract | |||
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About Mastic Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,500 /mo
- 3 Beds
- 1 Bath
- 975 ft²
$4,000 /mo
- 4 Beds
- 2 Baths
- 968 ft²
Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017