491 Spruce Circle
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 |
|---|---|---|---|
| Oct 5, 2021 | Sold | ||
| Sold | |||
| Sep 15, 2021 | Listed by Intero Real Estate Services | $498,000 | |
| Listed by Intero Real Estate Services | |||
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Bay Village Senior Community - This 2Bd/1Ba 913Sq Ft detached single-level ranch style homes' open floor plan feels like 1500Sq Ft. Amenities included updated laminate floors throughout, new interior paint, and dual pane windows. Step into the oversized living room that opens to large dining area with slider door to private side patio. The light and bright kitchen has granite counters, newer stainless sink w/new faucet, and Old English style cabinets. The updated bathroom has new vanity, fixtures, floors, and mirror. Doze off in the massive master bedroom with wall length closets and large window that overlooks the private back yard. The sunny quiet backyard has privacy hedges, patio area, and shed, that is perfect for relaxing or entertaining. The Bay Village HOA requires that one occupant be at least 55 years old, and the second occupant must be at least 45 years old, but the owner can be any age. Easy drive from Hwy 1 and short commute to Santa Cruz.
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| Apr 15, 2019 | Sold | ||
| Sold | |||
| Mar 1, 2019 | Listed by Thunderbird Real Estate | $399,900 | |
| Listed by Thunderbird Real Estate | |||
| Feb 28, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017