33007 Spruce Drive
About This Property
The main floor centers on a comfortable living room anchored by a classic stone fireplace, while the adjoining kitchen features its own fireplace-a distinctive touch rarely found in mountain homes. Three bedrooms and two baths provide ample accommodation for full-time or seasonal use, and the flexible layout allows for both gathering and quiet retreat.
Two decks extend the living space outdoors, ideal for taking in the wooded views and crisp mountain air. The lot includes level parking and a level entry from Spruce Drive-an especially valuable feature during the winter season. Surrounded by mature trees and mountain air, the property sits approximately 0.1 mile from the public beach and fishing pier, 0.2 mile from the Green Valley Lake General Store and Cafe, and 0.3 mile from local forest trailheads.
Whether envisioned as a classic renovation project or a serene mountain hideaway, this property's proximity to the lake, dual fireplaces, and mid-century character make it an exceptional opportunity in the heart of Green Valley Lake.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 12, 2026 | Sold | ||
| Sold | |||
| Dec 23, 2025 | In contract | - | |
| In contract | |||
| Nov 26, 2025 | Relisted | $315,000 | |
| Relisted | |||
| Nov 16, 2025 | In contract | - | |
| In contract | |||
| Oct 31, 2025 | Price Decreased |
$315,000
↓ $15K
(4.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017