5 Spruce Street
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 12, 2026 | Sold | ||
| Sold | |||
| Dec 24, 2025 | In contract | - | |
| In contract | |||
| Nov 17, 2025 | Listed by RE/MAX Classic Realty | $425,000 | |
| Listed by RE/MAX Classic Realty | |||
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Welcome to this enchanting one-level ranch where warmth and comfort greet you the moment you arrive. Effectively a 2-bedroom, this home lives like a 3, offering flexible space to suit your lifestyle. With parking for three cars right out front and charming curb appeal, everything sets the tone for the beauty that awaits inside. Open the door to a bright, cheerful entryway flowing into an expansive living room with high ceilings. This versatile room easily combines a cozy living area with a dining space, home office, reading nook, or creative corner. Just beyond, the delightful eat-in kitchen offers a sweet sitting area, excellent cabinet space, and plenty of room to prepare meals with ease. It’s the perfect place for quiet morning coffee or lively dinners with friends. When it’s time to unwind, the primary suite becomes your private retreat, featuring its own full bath for ultimate comfort. The second bedroom is equally as appealing, and an additional den gives you the freedom to create whatever space you need—guest room, office, hobby room, or formal dining area. A second full bath completes the beautifully designed main level. And tucked below it all is the most exciting bonus: a huge full basement with tremendous potential. Whether you envision a phenomenal gym, recreation room or workshop, this area practically doubles the home’s usable feel. Venture outdoors to nearly a third of an acre of serene, green property—graceful, peaceful, and inspiring through every season. Enjoy lake rights that let you stroll or bike to the water; fish, canoe, read beneath the trees, or simply breathe in the nature around you. Here, you’re just an hour from NYC, yet only minutes to shopping, schools, trains, restaurants, and every convenience. Bright, open, versatile, and tranquil—this is the life you’ve been dreaming of!
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| Nov 23, 2012 | Sold | ||
| Sold | |||
| Mar 19, 2012 | Listed by Coldwell Banker Residential Brokerage | $199,999 | |
| Listed by Coldwell Banker Residential Brokerage | |||
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About Putnam
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017