50 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 |
|---|---|---|---|
| Jan 20, 2022 | Sold | ||
| Sold | |||
| Nov 5, 2021 | In contract | - | |
| In contract | |||
| Oct 24, 2021 | Listed by Coldwell Banker American Homes | $429,000 | |
| Listed by Coldwell Banker American Homes | |||
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Charming Storybook Cape ready for you to write your next chapter! Beautifully maintained and updated cape cod with two newly renovated full bathrooms, updated kitchen and hardwood floors throughout. The front yard with it's beautiful flowers and bushes has a brand new concrete paver walkway and steps. The fully fenced in backyard offers active fruit and vegetable gardens, inground sprinklers, plenty of space to play in the yard, grill and entertain on the outdoor deck. There is a full unfinished basement for additional storage or possible playroom. The first floor offers an enclosed entryway, living room, dining room, kitchen, bedroom, bathroom and office. The second floor offers a large second bedroom (previously two bedrooms) with crafted hardwood built in bench, shelving and full bath. This could be your next dream come true...
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About Islip
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,150 /mo
- 1 Bed
- 1 Bath
- 620 ft²
$4,500 /mo
- 3 Beds
- 2 Baths
- 1,200 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017