53 Spruceland Rd
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 |
|---|---|---|---|
| Mar 18, 2025 | Sold | ||
| Sold | |||
| Feb 18, 2025 | In contract | - | |
| In contract | |||
| Feb 1, 2025 | Listed by Naples Realty Group, LLC | $400,000 | |
| Listed by Naples Realty Group, LLC | |||
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Tucked in a charming, friendly neighborhood, this warm and welcoming four-bedroom home is just what you've been looking for. It's common to see neighbors waving as you head down Spruceland Road. From the moment you get inside, the inviting glow of natural light and rich hardwood floors create an atmosphere of cozy elegance. The heart of the home-a renovated and beautifully appointed kitchen-flows effortlessly into the living and dining spaces, making it ideal for gatherings big or small. Upstairs, four spacious bedrooms offer peaceful retreats, while the primary suite provides a private haven with its own full bath. Notice the pellet stove which invites you to unwind on chilly evenings, while the backyard with awesome deck-is perfect for morning coffee or weekend barbecues. Need extra space? The back den could also be used as a home office, book nook, or zoom-room. With a two-car garage, main floor laundry, thoughtful updates, and a location that feels like home the moment you arrive, this is more than a house-it's the start of something special. C'mon over to 53 Spruceland and you'll see that this is where life's best moments are waiting to unfold.
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| Apr 14, 1987 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017