20 Spruce Road
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 |
|---|---|---|---|
| Sep 28, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $510,000 | |
| Listed | |||
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Spacious 4 bedroom, 2.5 bath colonial home in sought after Medway neighborhood in a great commuter location. This one owner home features a bright & sunny 4-season porch with Jotul wood stove. The beautifully updated, eat-in kitchen, features upgraded cabinets, Quartz counter-tops, tiled back-splash, recessed lighting & island. The furnace and continuous hot water heater are 2 years young. This home has an abundance of storage including a 2 car garage plus a bonus garage space under the porch for additional storage. The roof & siding have been replaced in the last 10 years. The finished 3rd floor offers a great game room or office space. US News ranked Medway High School 10th in the state on their list of Best High Schools in 2017.The manager has listed the unit size as 2750 square feet.
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| Jul 12, 2017 | Listed by Keller Williams Realty | $510,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017