5 Spruce Drive
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 |
|---|---|---|---|
| Dec 8, 2022 | In contract | - | |
| In contract | |||
| Nov 25, 2022 | Listed by ERA Insite Realty Services | $519,000 | |
| Listed by ERA Insite Realty Services | |||
| Sep 2, 2017 | Listed | $199,000 | |
| Listed | |||
| | |||
|
Calling all investors/handyman this is the house you have been waiting for, main floor has 3BR eat in kitchen, dining room, living room, full bath, half bath in master bedroom, lower level has family room, bedroom/office plus full bath, two car garage. House sits on just under one level acre in a beautiful quiet development. Town Park Rights are included in Taxes 203K or cash only house being sold as is. Taxes with star $9,798 The manager has listed the unit size as 1948 square feet.
| |||
| Sep 26, 2014 | Sold | ||
| Sold | |||
| Feb 3, 2014 | Listed by ERA Insite Realty Services | $389,000 | |
| Listed by ERA Insite Realty Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017