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27 Spruce Street
About This Property
The home is being sold as-is and presents an excellent opportunity for a buyer to complete remaining improvements and put their own finishing touches on the property. With additional investment and vision, this home offers strong potential for renovation, rental income, owner-occupancy, or long-term appreciation.
Whether you're looking to expand your investment portfolio or take on your next project, 27 Spruce Street offers affordability, upside potential, and a desirable location in one of the Hudson Valley's growing markets.
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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 |
|---|---|---|---|
| Jul 8, 2026 | Price Decreased |
$299,999
↓ $25K
(7.7%) | |
| Price Decreased | |||
| Jun 12, 2026 | Listed by McGrath Realty Inc | $325,000 | |
| Listed by McGrath Realty Inc | |||
| Aug 13, 2024 | Sold | ||
| Sold | |||
| Apr 20, 2024 | In contract | - | |
| In contract | |||
| Feb 18, 2024 | Listed by RE/MAX Distinguished Hms.&Prop | $260,000 | |
| Listed by RE/MAX Distinguished Hms.&Prop | |||
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CALLING ALL BUYERS WITH A VISION AND/OR INVESTORS!!!
Project started waiting for YOU to finish it... 90% of materials needed were purchased for you to keep!
This beautiful and cozy 4 bedrooms, 2 full bath single family home is a project waiting for you to piece it together.
New windows, floors, walls, kitchen cabinets, bathrooms, kitchen appliances, boiler & water tank. In addition, current seller purchased this property already with a new roof and siding.
Property is sitting on a corner lot of a dead end; Plenty of street parking.
SCHEDULE YOUR SHOWING TODAY!
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Property Highlights
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About Poughkeepsie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017