Lot 2 Old Spruce Street
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 |
|---|---|---|---|
| Dec 27, 2013 | Sold | ||
| Sold | |||
| Oct 17, 2013 | Listed by JLK Realty | $119,900 | |
| Listed by JLK Realty | |||
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Imagine building your dream home on this beautiful scenic wooded lot. Approved for a 4 bedroom septic design ~ well is in ~ shared driveway ~ lot is very easy to view ~ 2.67 acres of upland.
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| Jun 13, 2013 | Sold | ||
| Sold | |||
| Mar 26, 2010 | Sold | ||
| Sold | |||
| Apr 9, 2009 | Listed by Uptown REALTORS®, LLC | $77,500 | |
| Listed by Uptown REALTORS®, LLC | |||
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Picturesque wooded lot sitting approx 1600' from main road. Original parcel consisted of 5 Form A Lots all sharing a common drive. Lots 1 and 3 have been sold and houses have been built. The shared driveway is in and lot is easy to view. Lot 2 has well installed (no pump) and contains approx. 2.67 acres of upland area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017