20 Spruce Terrace
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 |
|---|---|---|---|
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by Keller Williams Realty-Metropolitan | $199,900 | |
| Listed by Keller Williams Realty-Metropolitan | |||
| Aug 29, 2022 | Sold | ||
| Sold | |||
| Jul 12, 2022 | Listed by Homefront Realty, LLC | $167,900 | |
| Listed by Homefront Realty, LLC | |||
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A commuter’s dream…an affordable and adorable home minutes from I-93 in desirable Derry… minutes from restaurants and shopping. This very low maintenance 2 bedroom, 2 bath home was built in 2012. Many updates including new water heater, stainless steel appliances (Bosch dishwasher and LG refrigerator with water) plumbing updates, high end LVT flooring throughout. Second bedroom is currently being used as an office. Home is on a spacious wooded corner lot in a quiet neighborhood. The yard has both a shed and a wooden workshop area and a covered canopy seating area. Granite Estates is a friendly resident owned community. New owners will need to apply for co-op membership which includes credit and background checks. This is a fantastic opportunity to get a nice affordable home in a great location. Open house Thursday 5-7 and Saturday 10-12
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017