143 SPRUCE AVE
About This Property
Welcome to 143 Spruce Ave in the desirable Maple Shade community! This 4 bedroom, 1 full bathroom with basement, is the home you have been looking for, so don't wait to tour this home. The first thing you will love are the 2 retractable awnings in front of the home. Everything in this home is in move-in condition. Very well maintained by the original owner. There are 2 bedrooms, including the master, on the 1st floor with hardwood floors. Easy access to the main bathroom, kitchen and living room. As you walk in, you are welcomed by the nice size living room with a large picture window and natural sunlight. All windows have been replaced. The full bathroom down the hall with stand-up shower (handicap accessible) was updated 2 years ago. The kitchen with laminate flooring, stainless steel appliances and corian countertops and tiled backsplash leads to the enclosed lovely sunroom with access to the large back yard. Great space for entertaining! The stairs to the second level has hardwood floors under carpet. There are 2 additional bedrooms on 2nd level. Very large bedroom with many built ins and space to possibly add another bathroom. The other bedroom has carpeting and built ins as well. The basement is very large and includes full washer & dryer, sump pump and access to the fenced in back yard.
Make your appointment today to see this lovely home, before it's gone!
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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 |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by Keller Williams Realty - Medford | $339,900 | |
| Listed by Keller Williams Realty - Medford | |||
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017