271 Spruce Lane
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 4, 2021 | Sold | ||
| Sold | |||
| Jun 9, 2021 | Listed by New Leaf Real Estate | $295,000 | |
| Listed by New Leaf Real Estate | |||
| Sep 11, 2013 | Sold | ||
| Sold | |||
| Jan 31, 2013 | Listed by Ann Swanson Real Estate | $179,000 | |
| Listed by Ann Swanson Real Estate | |||
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Open concept ranch home on private lot with gorgous views of local mountains. Well maintained, home with 3 bedrooms, including a large master bedroom suite plus laundry, 2 baths, hardwood and tile floos, Corian countertops. Great room, country kitchen with cathedral ceilings skylighs and fireplace. Finished walkout basement with family room (theater room) pantry and wet bar. Wired for DSL and sound. Large screened porch and multiple decks. Perennial gardens and stone walls. 35 minutes to Hanover. Remaining lots are going to be purchased and put into conservation trust. This will be the ONLY home built.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017