1 Spruce Tree Lane #11
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%.
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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 |
|---|---|---|---|
| Nov 26, 2004 | Sold | ||
| Sold | |||
| Aug 27, 2004 | Listed by Conway - Norton | $279,000 | |
| Listed by Conway - Norton | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/04/2023
|
2 Bed
|
2 Bath
|
1188 ft²
|
$320,000
2 Bed
2 Bath
1188 ft²
|
$317,500
-0.78%
06/16/2023
|
Jeffrey Hunt
J. M. Hunt Realty
| |
|
10/05/2022
|
2 Bed
|
2 Bath
|
1188 ft²
|
$349,900
2 Bed
2 Bath
1188 ft²
|
$315,000
-9.97%
01/10/2023
|
Sandra Santoro
Dream Realty
| |
|
05/19/2020
|
2 Bed
|
2 Bath
|
2054 ft²
|
$269,900
2 Bed
2 Bath
2054 ft²
|
$285,000
+5.59%
06/29/2020
|
Deborah Scanlon
Conway - Mansfield
| |
|
05/04/2017
|
2 Bed
|
2 Bath
|
1188 ft²
|
$199,900
2 Bed
2 Bath
1188 ft²
|
$196,500
-1.70%
06/30/2017
|
Jeffrey Hunt
J. M. Hunt Realty
| |
|
06/12/2015
|
2 Bed
|
1 Bath
|
1188 ft²
|
$185,000
2 Bed
1 Bath
1188 ft²
|
$180,000
-2.70%
01/04/2016
|
Patty Sperber
Coldwell Banker Residential Brokerage - South Easton
| |
|
10/09/2014
|
2 Bed
|
2 Bath
|
1188 ft²
|
$179,900
2 Bed
2 Bath
1188 ft²
|
$173,000
-3.84%
11/24/2014
|
Phyllis Morgante
RE/MAX Executive Realty
| |
|
11/20/2012
|
3 Bed
|
2 Bath
|
2054 ft²
|
$219,900
3 Bed
2 Bath
2054 ft²
|
$213,000
-3.14%
01/28/2013
|
Michael Feck
RE/MAX Real Estate Center
| |
|
01/13/2010
|
2 Bed
|
1 Bath
|
1600 ft²
|
$217,900
2 Bed
1 Bath
1600 ft²
|
$217,900
03/15/2010
|
Gregory Bramwell
RE/MAX Real Estate Center
| |
|
09/20/2007
|
3 Bed
|
2 Bath
|
1454 ft²
|
$209,000
3 Bed
2 Bath
1454 ft²
|
$210,000
+0.48%
10/24/2007
|
Benjamin Esposito
RE/MAX Real Estate Center
| |
|
03/17/2005
|
2 Bed
|
2 Bath
|
1900 ft²
|
$269,000
2 Bed
2 Bath
1900 ft²
|
$255,000
-5.20%
08/05/2005
|
Beth Pelick
Verderber Real Estate, Inc.
| |
|
01/27/2005
|
2 Bed
|
1 Bath
|
1200 ft²
|
$234,900
2 Bed
1 Bath
1200 ft²
|
$234,900
02/23/2005
|
Bruce Clauson
Clauson's Real Estate
| |
|
08/27/2004
|
3 Bed
|
2 Bath
|
1750 ft²
|
$279,000
3 Bed
2 Bath
1750 ft²
|
$280,000
+0.36%
11/26/2004
|
James Malloch
Conway - Norton
| |
|
04/18/2003
|
3 Bed
|
2 Bath
|
1748 ft²
|
$249,900
3 Bed
2 Bath
1748 ft²
|
$242,000
-3.16%
06/30/2003
|
Gregory Bramwell
RE/MAX Real Estate Center
| |
|
10/25/2002
|
2 Bed
|
1 Bath
|
1188 ft²
|
$189,900
2 Bed
1 Bath
1188 ft²
|
$189,900
01/24/2003
|
Judy Corbett
RE/MAX Real Estate Center
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017