11 Spruce St
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 |
|---|---|---|---|
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by Coldwell Banker Realty - Beverly | $559,900 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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Welcome to 11 Spruce Street! This charming 3 bedroom ranch sits on a quiet street with double driveway and private yard. Main level features: Eat-in kitchen with tremendous cabinet space, open concept living and dining rooms, family room with wood stove to help offset heating costs, 3 spacious bedrooms all with double closets and a full bath. Finished basement features workshop area, bonus room with stove, laundry room and plentiful storage. Garage space area allows for motorcycle, bike and off-road vehicle storage. Enjoy cold winter nights on the screen porch in the cozy hot tub! Large fenced back yard features patio, massive deck and storage shed. Located near Breeds Pond, this home sits close to major highways, including Route 1 and I95, making commutes a breeze. Come see this beautiful home while it lasts! Open House Thursday 10/10, 430-6pm & Sunday 10/13 12-130pm. Offers due Tuesday 10/15 at 12pm.
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| Sep 30, 2005 | Sold | ||
| Sold | |||
| Aug 9, 2005 | Listed by Coldwell Banker Realty - Beverly | $322,500 | |
| Listed by Coldwell Banker Realty - Beverly | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017