2248 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 |
|---|---|---|---|
| Aug 16, 2023 | Sold | ||
| Sold | |||
| Jul 10, 2023 | Listed by Century 21 Circle | $174,900 | |
| Listed by Century 21 Circle | |||
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You have to check out this extremely well kept home located within walking distance to 2 of Homewood's finest golf courses! This all brick ranch features distressed hardwood flooring in the living/dining room and the kitchen too. The awesome kitchen has updated cabinets, granite counter tops, stainless appliances and glass tile backsplash! The roomy living/dining combo has crown moulding and this awesome home has updated maintenance free vinyl windows thru out. The updated bath has a farm style sink, ceramic tile tub surround and ceramic tile flooring! Both bedrooms also feature crown moulding and newer ceiling fans! Radiant heat thru the floor is amazing when waking up on those cold mornings...nice and toasty on the feet! Need storage space...the oversized 1 car garage has you covered. And speaking of covered, you have a spacious deck out back that is covered by a pergola that offers the perfect amount of shade. Also located in your amazing fenced back yard is a flagstone patio and a Koi pond! This home is truly has it all! Hurry and make this house, your "NEW HOME"!
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| Jun 4, 2007 | Sold | ||
| Sold | |||
| Apr 15, 2007 | Listed by Keller Williams Preferred Rlty | $137,500 | |
| Listed by Keller Williams Preferred Rlty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017