29 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 |
|---|---|---|---|
| Jun 23, 2023 | Sold | ||
| Sold | |||
| May 13, 2023 | In contract | - | |
| In contract | |||
| Mar 31, 2023 | Price Decreased |
$1,185,000
↓ $65K
(5.2%) | |
| Price Decreased | |||
| Mar 30, 2023 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $1,250,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
| | |||
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Peace, tranquility, and nature surround your every step throughout this home both inside and out. Glorious bright and natural light filles every room with the Walker's Pond calling to you from beyond just outside your doorstep. Stunning open floor plan fills the main level with wall to wall sliders to bring the outside in (or inside out), and fills the air with light fresh breezes throughout the day. An expertly finished lower level walks out to your backyard with the deeded moss pond path that leads to a shared decking path, patio for seating, and pond deck for relaxing, enjoying those summer evenings, or easily launching your kayak or paddleboard for a morning water journey. A perfect home for entertaining on your deck overlooking the pond, or spread out inside in the formal and informal living rooms that flow to and from with easy access to the kitchen. All bedrooms enjoy pond views, and ample storage space throughout.
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| Mar 16, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017