47 Spruce Rd
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 1, 2025 | No longer available | - | |
| No longer available | |||
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Listed by RE/MAX Real Estate Center | $509,900 | |
| Listed by RE/MAX Real Estate Center | |||
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Discover the perfect blend of comfort and versatility in this beautifully updated 3-bedroom, 2-bath raised ranch, ideally situated in Swansea, MA, near the Warren, RI line. The main level boasts all newer flooring throughout a new kitchen with granite countertops, stainless steel appliances, recessed lighting, and white shaker cabinets. A sun-filled living room with a wood-burning fireplace and a spacious dining area opens onto an expansive deck, perfect for outdoor entertaining. The lower level offers incredible potential for an in-law suite, featuring a bonus room, a ready-to-finish kitchen space with matching cabinets and granite, a family room with another cozy fireplace, and a full bath with a stand-up shower. Enjoy a spacious backyard, ideal for outdoor activities, along with the peace of mind that will come with a brand-new septic system and a roof and siding that were just replaced in 2023. This home has many modern updates, making it an exceptional find in a prime location!!!
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| Aug 27, 2024 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017