11015 Spruce Drive N
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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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 14, 2024 | In contract | - | |
| In contract | |||
| Jul 5, 2024 | Listed by Hunter Real Estate Group | $394,900 | |
| Listed by Hunter Real Estate Group | |||
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Updated 4-bedroom Fairmont Park home with pool and no rear neighbors. Recent updates include remodeled kitchen & primary bath, wood flooring, double pane windows, roof, Hunter Douglas shades with remote control and water softener. The island kitchen opens to the family room and is a chef's delight with granite countertops, stainless GE Café appliances and 6-burner Thermador gas range, pendant lighting, custom cabinets and a Kraus farmhouse sink. The first-floor primary suite overlooks the pool and includes a coffered ceiling and a remodeled bath with a double granite vanity, custom cabinets, oversized frameless shower with a rain showerhead & granite bench seat, soaking tub and walk-in closet. Upstairs, find three secondary bedrooms, a game room, and decked walk-in attic space, along with a remodeled secondary bath featuring a double vanity, framed mirrors, and brushed nickel hardware/fixtures. The private backyard is a paradise with a covered patio and pool perfect for entertaining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017