1448 Spruce Mountain Dr
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 15, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by House2Home, LLC | $59,900 | |
| Listed by House2Home, LLC | |||
| Apr 3, 2023 | Sold | ||
| Sold | |||
| Aug 19, 2022 | Listed by First Colorado Realty | $445,000 | |
| Listed by First Colorado Realty | |||
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Assumable VA Loan, 2.25% interest. Call for details! Five beautiful peaceful mountain acres. Two bedroom, 2 bath manufactured house on a full basement. The main living areas have all new vinyl plank flooring, kitchen has new cabinets, sink, lighting and stainless steel appliances. Eat in kitchen and breakfast bar. You will love the open floor plan. Cozy wood burning stove in the Living room. The primary bedroom has a huge closet and full bath with over-sized bathtub. Second bedroom has shared full bath across the hall. Lower level features a family room, plus 22 x 24 workshop with French doors to a fenced in dog run and another set of doors to the side yard. Incredible views from the upper deck, private acreage with many possibilities. Add a garage or workshop for all your hobby and storage needs. Great producing well, nearby access to National Forest with hiking, biking and 4x4 roads. Enjoy full-time living or make this a mountain getaway!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017