128 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 30, 2022 | Sold | ||
| Sold | |||
| Feb 20, 2022 | Listed by Better Homes and Gardens Real Estate Murphy & Co. | $10,000 | |
| Listed by Better Homes and Gardens Real Estate Murphy & Co. | |||
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Conforming lot on a paper street. A nice area to build a home and raise a family. Convenient to Sea Oaks Golf Course, shopping, restaurants and entertainment, Atlantic City and Long Beach Island. US Route 9 and the Garden State Parkway are available for commuting. The available information was taken from Tax Records and should be properly verified by the prospective buyer or their representative. A New Jersey DEP Geoweb Wetlands Map has been added to the Documents Section. No wetlands are shown on the map. A professional Survey including percolation tests is required to confirm the existence and exact location of wetlands. Come, See and Make An Offer!
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| Jan 2, 2022 | No longer available | - | |
| No longer available | |||
| Aug 19, 2021 | Relisted | $17,500 | |
| Relisted | |||
| Aug 18, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Ocean
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,100 /mo
- 3 Beds
- 2 Baths
- 2,249 ft²
$2,400 /mo
- 2 Beds
- 1 Bath
- 1,034 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017