6932 SPELMAN DRIVE
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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%.
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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.
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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 28, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed | $824,500 | |
| Listed | |||
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BEAUTIFUL TOTAL REVENOVATION from the studs and slab up! All 5.5year New EVERYTHING. Reno to Include Electrical, Plumbing, HVAC, Wall, Floors, Kitchen, Bathrooms, Windows, Doors, Roof and more. Wonderful and bright open floor plan with multiple Skylights and Vaulted ceilings. The main level features a beautiful Kitchen with quartz counters, Kitchen Aid appliances, and an abundance of windows! There are 3 bedrooms & 2 Full Bathrooms on the upper level. Enjoy your morning coffee on the Primary suite's Porch overlooking the back yard with gazebo and the brick wrap around patio. The lower level has a second ensuite Bedroom and Bathroom, as well as a Family room with a Gas Fireplace and glass door to the back yard. This amazing home comes with 3-year-old Solar Panels that have always produced more power than consumed. This gem is tucked back from the road and has a lot of privacy waiting for you to enjoy.
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| Jun 12, 2008 | Sold | ||
| Sold | |||
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About Burke
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017