30072 Spruce Rd
About This Property
The main level boasts two comfortable bedrooms and a convenient combo laundry/bathroom, ensuring that every square foot is utilized for your convenience.
Enjoy the outdoors on your expansive covered porch and deck, perfect for morning coffees or evening gatherings. The fenced backyard offers a hot tub and provides privacy and a safe space for pets or children to play. This home offers a blend of comfort and practicality, ready to welcome new memories. Don't miss this unique opportunity to own a piece of Evergreen's desirable community.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017