508 SPRUCE
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 |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Listed by Keller Williams Realty - Marlton | $324,900 | |
| Listed by Keller Williams Realty - Marlton | |||
| Sep 29, 2017 | Sold | ||
| Sold | |||
| Aug 1, 2017 | Listed by Keller Williams Realty - Moorestown | $180,000 | |
| Listed by Keller Williams Realty - Moorestown | |||
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This adorable and spacious Cape Cod is move in ready! The spacious open floor plan also features a large backyard with a new deck that is great for entertaining! As you walk through the main floor you will notice original hardwood floors that show pride of ownership. The main floor also includes two bedrooms and a fully finished bathroom. Up the steps you will find the main bedroom with another fully finished, and recently renovated bathroom. This cape cod also offers a large unfinished basement that can be used for a ton of storage! Schedule your showings to see this wonderful home soon!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017