275 Spruce Drive
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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 |
|---|---|---|---|
| Dec 30, 2019 | Sold | ||
| Sold | |||
| May 25, 2019 | Listed by RE/MAX LAKESIDE | $229,900 | |
| Listed by RE/MAX LAKESIDE | |||
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A Rare Find - Mostly Single Level Living with a Gorgeous Spacious Fenced Backyard. Totally Upgraded and Stunning Inside and Out - this Beautiful Home Features Level Entry with a Main Level Master Suite with an Awesome Spa Bathroom. Elegant Living Room with New Flooring. Formal Dining Room. Contemporary Kitchen with Tons of Cabinets - a Chefs Delight! The Backyard is so Special and mostly Flat with Lovely Patios and Entertaining Spaces, plus Great Storage! Upstairs features a small Office area, Large 2nd Bedroom plus an Attic-type storage area which would inspire anyone to play hide and seek! Excellent Parking for at least 3 Cars with room to expand parking area. There is a lovely front Courtyard too with beautiful trees throughout the property. Make this your Gorgeous Mountain Getaway or Fantastic Full Time Home. Beautifully Furnished per Inventory. Situated close to Lake Silverwood, National Forest Hiking and Activities and Lake Gregory Recreational Area. Excellent Commuter Location. Very Motivated Seller!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017