121 Spruce St
About This Property
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Cap Rate Calculator
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 5, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Price Decreased |
$309,500
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Jun 3, 2024 | Price Decreased |
$319,500
↓ $6K
(1.7%) | |
| Price Decreased | |||
| May 22, 2024 | Listed by Cornerstone Brokers, LLC | $325,000 | |
| Listed by Cornerstone Brokers, LLC | |||
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Comfort is ready & waiting for your arrival! This remodeled ranch home provides everything needed all on one level - 4 bedrooms, custom tiled full bathroom, laundry, completely new kitchen including quartz countertops! New roof, new furnace, new water heater, new flooring, new, new, new! You have options as to how you want to finish the big back yard, but there are 2 concrete spaces for your toys or entertaining areas! Detached garage with alley access or space for your RV parking off street. This property fits the bill so come take a look today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017