42 SPRUCE AVENUE
About This Property
Set on a Desirable corner property, the Oversized backyard offers endless possibilities. Whether you envision a sprawling patio, firepit lounge, pool, garden retreat, or the ultimate outdoor entertaining oasis - the space is here to create it. A brand-new shed will be installed, adding both functionality and value. The inviting front composite decking porch provides the perfect spot for morning coffee or evening unwinding.
Inside, no expense was spared from a design perspective! Luxury vinyl plank flooring, new carpeting, and fresh paint flow throughout the home, creating a cohesive and modern aesthetic. The fully remodeled Kitchen is truly the heart of the home, featuring Quartz countertops, a stylish picket tile backsplash, stainless steel appliances, crisp white cabinetry with soft-close doors, a pantry with roll-out shelving, and recessed lighting. The open-concept first floor makes entertaining effortless and everyday living comfortable.
Two entry-level Bedrooms offer flexibility along with a beautifully Renovated full Bathroom featuring a subway tiled tub surround. Upstairs, the entire level is dedicated to a private Bedroom Suite complete with a spacious walk-in closet and a stunning Bathroom showcasing a custom tiled shower with a sleek new glass enclosure.
Completely turnkey with thoughtful upgrades throughout - there is truly nothing to do but move in and enjoy everything this home and unbeatable location have to offer!
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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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Mar 23, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Price Decreased |
$375,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Mar 12, 2026 | Listed by BHHS Fox & Roach-Moorestown | $385,000 | |
| Listed by BHHS Fox & Roach-Moorestown | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017