80697 Spanish Bay
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 |
|---|---|---|---|
| Apr 29, 2020 | Sold | ||
| Sold | |||
| Mar 21, 2020 | Listed by Brad Schmett Real Estate Group | $899,000 | |
| Listed by Brad Schmett Real Estate Group | |||
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Elegant, timeless and with a hint of Tuscan luxury, this home combines laid-back living with marvelous golf course and mountain views! Sit back and admire the south-facing views over the 10th fairway of the Nicklaus Tournament Course, or let your worries drift away while you soak in the custom Pebble Tec pool and spa with water spillways. The main residence boasts 3 bedrooms and 3.5 baths, plus there's a two-room private casita ideal for comfortably accommodating guests. This residence showcases stunning attention to detail from the custom paint throughout to the soaring ceilings, travertine marble floors and mosaic feature tiling in the entry. The bathrooms have been beautifully upgraded for complete comfort, including the opulent master bath with a soaking tub and fireplace. A gourmet kitchen awaits the avid chef and features Viking appliances, granite counter-tops, a center island and an abundance of cabinetry. There's also a bar area where you can overlook the family room with a gorgeous fireplace and pocket doors connecting to the veranda, ideal for hosting friends and family in style. Treat yourself to a sense of retreat and come for a tour to experience it all for yourself.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017