4616 Spruce Street
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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 |
|---|---|---|---|
| Oct 30, 2026 | Price Decreased |
$999,990
↓ $95K
(8.7%) | |
| Price Decreased | |||
| Sep 17, 2026 | Listed by HomeSmart | $1,095,000 | |
| Listed by HomeSmart | |||
| Jul 22, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 4, 2026 | Listed by Nextgen Real Estate Properties | $1,170,000 | |
| Listed by Nextgen Real Estate Properties | |||
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. MOVE-IN READY ON A RARE 9,450 SF OVERSIZED LOT with zero upcoming capital expenses! Featuring a brand-new HVAC (2025), Roof (2024), Fence (2024), and Water Heater (2023). This premium Bellaire home features a massive backyard oasis, offering a beautiful open space view straight through the French doors into the kitchen. This intentional design utilizes a premium JennAir downdraft stove to eliminate a bulky overhead hood, allowing you to enjoy the beautiful flowing backyard fountain while you cook. The home offers soaring natural light, 3 cozy fireplaces, and a rare walkable 3rd-floor attic. Outside, enjoy a custom front pergola and a detached garage featuring a premium covered wet bar with built-in surround sound and full Wi-Fi capability. Smart-camera garage (2024). Elite location near the Galleria and Uptown with access to top-tier Bellaire schools!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017