4605 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 |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Jul 22, 2024 | In contract | - | |
| In contract | |||
| Jul 3, 2024 | Listed by RE/MAX Southwest | $2,180,000 | |
| Listed by RE/MAX Southwest | |||
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BRAND NEW, LUXURIOUS CUSTOM CONTEMPORARY that came straight out of a DESIGNER MAGAZINE! PRIME Bellaire location! Stunning front elevation featuring stucco, stone & wood elements! Featuring 4/5 bedrooms, 5 FULL & 1 half bathrooms. Downstairs study has a full bath & closet. The chef's kitchen is a culinary enthusiast's dream with top-of-the-line appliances, custom cabinetry & quartzite counter tops. Luxurious primary suite is a haven of tranquility with opulent finishes, stunning spa-like bath & two large walk in closets. Elegant formal dining with custom ceilings, wet bar & butlers kitchen are perfect for entertaining! Large living room with showpiece fireplace and modern stair design have sliding doors to the outside patio making outdoor gatherings a seamless extension of the living space. Large backyard with room for POOL, outdoor kitchen & large covered patio makes this house EXCEPTIONAL! 2 balconies & oversized garage with space for car lifts. Call the Aida Younis Team today!
| |||
| Jun 8, 2024 | Listed by RE/MAX Southwest | $2,180,000 | |
| Listed by RE/MAX Southwest | |||
| | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017