80895 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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Jan 15, 2024 | Listed by Compass | $1,600,000 | |
| Listed by Compass | |||
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Discover unparalleled luxury living in this Quevedo plan home w/ 3BD, 3.5BA, 3,285 sq. ft., perfectly situated w/ a Southern Exposure, offering breathtaking panoramic views of the Santa Rosa Mountains & the 11th fairway & green of the Jack Nicklaus Tournament Course. Designed w/ a seamless blend of indoor/outdoor living, walls of glass slide back to reveal the beauty of the golf course & mountains. Step into a gated courtyard w/ lush landscaping featuring a large cascading waterfall that flows into a private saltwater spa. The backyard is an outdoor sanctuary for relaxation which includes an inviting sun-kissed saltwater pool with its own waterfall, raised patios for enhancing the mtn & golf views, & an outdoor BBQ for culinary enthusiasts.The remodeled chef's kitchen boasts granite counters w/ island, new cabinets, a Wolf Range & Sub-Zero fridge, & Miele appliances. Retreat to the separate two-room guest casita, a self-contained oasis w/ a wet bar, built-in entertainment center, & a spacious walk-in closet, providing family & friends a serene getaway. The primary bedroom and bathroom have also been remodeled w/ top of the line Onyx counters & also has dual sided fireplaces.Additional features incl. Hunter Douglas remote shutters, crown molding, & cabinetry & epoxy floors in the garage. The AC units & spa heater have both recently been replaced. This residence is offered fully furnished per inventory, ensuring a turnkey experience in the lap of luxury.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017