8405 Spinnaker Cove
About This Property
The backyard offers a large deck, two garden areas, and an 8×12 storage shed-perfect for outdoor living and hobbies.Don't miss the chance to make this home your own! Located near schools, shopping centers, hospital, fire station, and restaurants. Easy access and very short distance from I-30 and I-90. Buyer and buyers agent to verify schools and measurements.
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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 24, 2026 | Sold | ||
| Sold | |||
| Apr 9, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Price Decreased |
$279,000
↓ $16K
(5.4%) | |
| Price Decreased | |||
| Mar 11, 2026 | Relisted | $294,999 | |
| Relisted | |||
| Feb 15, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017