49 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 |
|---|---|---|---|
| Jun 19, 2015 | Sold | ||
| Sold | |||
| Oct 16, 2014 | Listed by Coldwell Banker Realty - North Reading | $724,900 | |
| Listed by Coldwell Banker Realty - North Reading | |||
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WE'RE BACK !! A lovely one of a kind home located in the prime Ridgeway Estates neighborhood ! Striking open concept kitchen with center island, granite & stainless steel appliances flows into the relaxing family room with fireplace. Formal living room also has a fireplace. Master bedroom with separate reading room and 26' bonus room is ideal for all that exercise equipment or your in-home office. The gorgeous yard is set up for your own private playground - hockey, volleyball, sledding, etc. Fully irrigated by well water and lots of flood lights for evening playtime. All this plus the AWARD WINNING school system which includes a NEW MULTI-MILLION DOLLAR HIGH SCHOOL and a new MIDDLE SCHOOL almost completed. See the Feature LIST attached which describes the amazing energy efficient features!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017