30 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 |
|---|---|---|---|
| Sep 24, 2020 | No longer available | - | |
| No longer available | |||
| Aug 31, 2020 | Price Decreased |
$163,000
↓ $8K
(4.7%) | |
| Price Decreased | |||
| Jul 20, 2020 | Listed | $171,000 | |
| Listed | |||
| | |||
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Adorable A Frame situated on a double lot in Sunrise Lake Association. Updated flooring, roofing, pellet stove, water heater, and bathroom. The main home was originally 2 bedrooms on the second level, which can be converted back. There is a guesthouse with heat and electricity which can be used as a bedroom or bunkhouse. Low $50/annual HOA fee which includes water access to the private association beach. Boat access is also available for an additional fee. Plenty of storage with multiple sheds. Come make this your summer retreat or year round home. Showings begin Sat 7/25 The manager has listed the unit size as 830 square feet.
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| Feb 28, 2019 | Sold | ||
| Sold | |||
| Jun 2, 2018 | Listed by RW Real Estate, LLC | $123,900 | |
| Listed by RW Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017