45 Spruce Ridge Drive
About This Property
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Cap Rate Calculator
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 6, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | Listed by Blais & Associates, Realtors | $539,900 | |
| Listed by Blais & Associates, Realtors | |||
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 15, 2021 | Listed by Banner Realty | $399,000 | |
| Listed by Banner Realty | |||
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You can be in your new home and grilling on your back deck before summer. Come check out this brand new cape home that has one floor living at its best. Open concept kitchen and living area. First floor master with large walk in closet and private bath that boast a soaking tub and double vanity. First floor laundry room. All in a great neighborhood. Agent related to seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017