258 Sprucewood Drive
About This Property
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 |
|---|---|---|---|
| Jun 11, 2019 | Sold | ||
| Sold | |||
| Feb 3, 2019 | Listed by Keller Williams Realty Monmouth/Ocean | $269,000 | |
| Listed by Keller Williams Realty Monmouth/Ocean | |||
| Jul 18, 2018 | Sold | ||
| Sold | |||
| Apr 30, 2018 | Listed by Keller Williams Atlantic Shore | $168,000 | |
| Listed by Keller Williams Atlantic Shore | |||
| | |||
|
Tons of potential here, this 3 bedroom Ranch could possibly be turned into a four(4) bedroom if needed. Bring your toolbox, going to need updates in this one and Seller is looking for cash or rehab loan Buyers only. Buyer will take this AS IS and Buyer to pay and obtain transfer of Title with Township to close.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017