1451 lot00 Spruce Corner
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 13, 2024 | Sold | ||
| Sold | |||
| Jun 1, 2024 | Listed by Cohn & Company | $62,500 | |
| Listed by Cohn & Company | |||
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Discover the perfect escape with this beautiful 5-acre lot, offering both privacy and tranquility. The property is partially cleared, providing a harmonious blend of open space and natural beauty. Multiple outbuildings and sheds will remain providing you with plenty of storage for your camping and outdoor gear. Stunning rock formations serve as a picturesque backdrop, adding to the unique charm of this land. A sturdy wooden platform provides a great space for multiple uses while enjoying this special property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017