12 Spruce Street
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 |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by Coldwell Banker Realty - Beverly | $450,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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Welcome to 12 Spruce Street! This charming home offers 2 bedroom and 2 baths as well as a finished basement that allows for extra living space. Cozy up by the wood stove or the pellet stove for those chilly New England nights in the wintertime or relax in the private backyard that makes your own oasis in the summer. Located near Breeds Pond, this home sits close to major highways, including Route 1 and I95, making commutes a breeze. Don't miss this opportunity to turn this house into a home!
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| Dec 2, 2005 | Sold | ||
| Sold | |||
| Jun 2, 2004 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017