370 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 |
|---|---|---|---|
| Oct 20, 2022 | Sold | ||
| Sold | |||
| Aug 25, 2021 | Listed by EAST COAST REALTY | $69,900 | |
| Listed by EAST COAST REALTY | |||
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Brooklyn area is about to explode. Whole Foods, shopping, new apartment buildings all to be built along the river. Not far from the new growth area is a vacant commercial lot zoned CCBD (Commercial Central Business District) with access to public water and sewer. Near downtown, Winston YMCA, Riverside/Avondale and everything new coming to the Brooklyn area. Easy access to I95. Survey in documents.
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| Jul 30, 2008 | Sold | ||
| Sold | |||
| Jun 12, 2008 | Sold | ||
| Sold | |||
| Apr 8, 2008 | Listed by CONTINENTAL REALTY OF JAX, INC | $7,000 | |
| Listed by CONTINENTAL REALTY OF JAX, INC | |||
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Seller has not lived on property, Being sold in As-Is condition, Seller nor Agent makes any representations or guarantees of any kind.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017