39 Spruce Dr
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 |
|---|---|---|---|
| Sep 16, 2019 | Sold | ||
| Sold | |||
| Jul 30, 2019 | Listed by Kinlin Grover Compass | $475,000 | |
| Listed by Kinlin Grover Compass | |||
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Deeded beach rights to Cedar Point Association Beach and dock is 7 houses away. This charming 3 bedroom, 2 bath ranch has hardwood flooring, gas fireplaced living room, central a/c, auto whole-house generator and off the kitchen is a private deck with Vita Spa hot tub and a shower/changing room. The home boasts a finished, walk-out lower level which could be for in-laws or guests. The yard has lovely plantings, underground sprinklers and a large shed. This property appears not in flood zone. Don’t be deceived as there is more to this home than meets the eye.
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| Dec 17, 1992 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017