8405 Spinnaker Bay Dr
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 26, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | Listed by RE/MAX Alliance-FTC South | $979,000 | |
| Listed by RE/MAX Alliance-FTC South | |||
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Room for everyone in this phenomenal custom Highland Meadows home w/ main floor primary suite, over-sized 4car garage, dual heating & AC, & fantastic yard backing to greenbelt. Gourmet kitchen w/ dbl ovens & gas cooktop flow into dining & living space w/ cozy fireplace. Upstairs features loft w/ balcony, guest room w/ en suite bath + 2 add'l beds, another large balcony, & full bath. Huge rec room, bedroom, & 3/4 bath in basement. Stamped concrete patio + patio w/ built-in fire pit! Pool table included.
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| Jan 2, 2024 | Listed | $979,000 | |
| Listed | |||
| Oct 3, 2017 | Sold | ||
| Sold | |||
| Jan 25, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017