50 Spruce Road
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 |
|---|---|---|---|
| Apr 12, 2012 | Sold | ||
| Sold | |||
| Jan 24, 2012 | Listed by William Raveis R.E. & Home Services | $654,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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OPEN HOUSE TODAY 12 to 1:30PM Stately Colonial at Ridgeway Estates w/underground utilities. Beautiful 4 bedroom home, updated kitchen with granite counters. Inviting fireplaced family room off the eat in kitchen. Formal living rm and dining rm with hardwood floors plus a 1st floor library for quiet times. Soaring two story foyer leads to generous master bedroom with full bath and separate shower and tub. Enjoy cookouts on the deck overlooking a large, private backyard. GREAT NEIGHBORHOOD!!
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| Aug 25, 1989 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017