80508 Spanish Bay
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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%.
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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.
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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Mar 29, 2024 | Listed by CalNative Real Estate | $1,295,000 | |
| Listed by CalNative Real Estate | |||
| | |||
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Submit Backup offers. Wow! Live the country club life at you own private resort on the 18th fairway of the Jack Nicklaus Tournament course at PGA West! Spacious 3 bedrooms, 3.5 baths includes a self-contained casita. Enter through a gated courtyard, past the casita to the main house with soaring ceilings and walls of glass overlooking the newly resurfaced pebble tech pool and spa to exceptional lake, golf course and mountain views beyond. Chefs kitchen with abundant storage and eat-in counter seating. Large living room with bar and room for entertaining Front dining room overlooks the courtyard. Grand central room, a game or billiard room, with a dramatic glass wall. Generous primary bedroom suite with views to the pool and golf course, spacious bath with garden tub and large walk-in closet. Secondary bedroom at the opposite end of the house with ensuite bath. Two car garage with room for golf cart. FURNISHINGS AND GOLF CART INCLUDED depending on offer. Short stroll to the lively club house with pro shop, bar and restaurant. Upgrades throughout this gorgeous home in a top notch fairway location!
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| Sep 17, 2021 | No longer available | - | |
| No longer available | |||
| Sep 6, 2021 | Price Decreased |
$1,250,000
↓ $40K
(3.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017