3 Spruce Tree Ln
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 |
|---|---|---|---|
| May 23, 2012 | Sold | ||
| Sold | |||
| Apr 4, 2012 | Listed by Richardson Real Estate | $210,000 | |
| Listed by Richardson Real Estate | |||
| | |||
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Very Spacious Colonial with 2 car garage. Walk to Snake Pond. TLC needed. Only primary home owners' offers will be considered during the first 15 days the listing is active. No offer will be considered during the 1st 3 days on the market. Any and all costs associated with buyers lenders appraisal to include any necessary repairs will be paid for by the buyer and Not the seller. P&S & seller addendum must be signed within 5 days of accepted offer. Buyer has 10 days for inspections. Earnes
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| Dec 13, 1985 | Sold | ||
| Sold | |||
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