Lot 4 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 |
|---|---|---|---|
| Feb 7, 2023 | Sold | ||
| Sold | |||
| Aug 28, 2015 | Sold | ||
| Sold | |||
| Aug 24, 2015 | Listed by Coldwell Banker Realty - Easton | $433,000 | |
| Listed by Coldwell Banker Realty - Easton | |||
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To be built by Brown Builders.Three bedroom Gambrel. Country kitchen with granite counter tops and ceramic tile with slider to deck. Tray ceiling and picture framing on lower wall with chair rail and hardwood floors in dining room. Master bedroom with walk-in closet and master bath. Farmers porch. Two car garage. Buyers choice of propane or oil. Walk-out basement. Five minutes to Route 24. Pictures are facsimiles of previous homes by builder. 90 day delivery upon building permit issued. Other styles available or bring your own plans.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017