16 Spruce 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 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 27, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed | $435,000 | |
| Listed | |||
| | |||
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Fantastic home in a super neighborhood. Come and enjoy the private beach and boating destination in Pocasset! This well maintained three bedroom, one bath home awaits the next family to enjoy summer days of beaching and boating on Buzzards Bay. The manager has listed the unit size as 1040 square feet.
| |||
| May 4, 2018 | Listed by Kinlin Grover North Falmouth | $419,000 | |
| Listed by Kinlin Grover North Falmouth | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017