161 Spruce Dr
About This Property
The Water Certification fee for central water through Mt Elbert Water Association is now $17,500 with an additional $3,000 for a curb stop fee. Please see their website at mtelbertwater.org for complete information on all fees and how the water tap process works. Pan Ark is also now part of a special taxing district (for road maintenance) so property taxes will change in 2022.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 27, 2022 | Sold | ||
| Sold | |||
| May 23, 2022 | Listed by Coldwell Banker Collegiate Peaks Realty | $37,500 | |
| Listed by Coldwell Banker Collegiate Peaks Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017