37 Spruce Street
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 |
|---|---|---|---|
| Mar 15, 2011 | Sold | ||
| Sold | |||
| Jan 26, 2011 | Listed by RE/MAX Real Estate Center | $275,000 | |
| Listed by RE/MAX Real Estate Center | |||
| | |||
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Oversized Raised Ranch set far back from the road & situated on just under 1.5 acres in a wooded setting abutting Conservation. Featuring a Large Picture Window in the Living Room, Fireside Family Room & Screened in Porch Overlooking a Large Beautiful Yard. Two Car Garage w/Extra Large Loft Overhead-Great for Hobby, Work Area, ETC. Home is need of flooring & updates but worth the value considering extra space, storage, great location and generous sized rooms! A potential flip home as well!
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| Apr 29, 2010 | Listed by Northeast Signature Properties, LLC | $299,900 | |
| Listed by Northeast Signature Properties, LLC | |||
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Address: 335 Madison Avenue, New York, NY 10017