32 SPRUCE STREET
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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%.
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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 |
|---|---|---|---|
| Apr 28, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Relisted | $828,000 | |
| Relisted | |||
| Mar 1, 2025 | In contract | - | |
| In contract | |||
| Feb 15, 2025 | Listed | $828,000 | |
| Listed | |||
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Nestled on the charming tree-lined Spruce Street, this three-bedroom, two-bath ranch offers the perfect balance of comfort, character, and convenience. Just a block from Nassau Street’s vibrant shops, cafés, and dining, this home places the best of Princeton right at your doorstep. A bluestone walkway guides you from the driveway to the front entrance, where hardwood floors and abundant natural light create an inviting atmosphere. The living room, anchored by a classic fireplace and ceiling fan, is a warm and welcoming space for every season. The home’s thoughtful layout flows seamlessly into the kitchen, dining room, and three well-sized bedrooms, accompanied by a powder room and a full bath for added ease. Downstairs, the partially finished basement extends the living space, offering a versatile recreation room with a second fireplace and recessed lighting, a laundry room, and plenty of storage space. Outside, a private patio and backyard provide a serene retreat for relaxing or entertaining. The detached one-car garage and ample driveway parking ensure effortless convenience. Set within the highly regarded Princeton Public School District, this home is a rare find in an unbeatable location. Whether savoring a morning coffee at a nearby café or enjoying a peaceful evening by the fireplace, 32 Spruce Street is a place to call home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017