12
Map
5811 Spruce Forest Drive
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 |
|---|---|---|---|
| Aug 17, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 18, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 18, 2026 | Listed by Brent Allen Properties | $335,000 | |
| Listed by Brent Allen Properties | |||
| Jun 5, 2026 | Listed by Brent Allen Properties | $345,000 | |
| Listed by Brent Allen Properties | |||
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Welcome to this beautifully maintained traditional style home in the highly sought after Forest West subdivision. This charming residence features 3 spacious bedrooms and recently updated bathrooms with modern finishes, including a walk-in shower and updated vanity. The open concept kitchen and dining area offer abundant cabinet and storage space, making everyday living and entertaining a breeze. The inviting living room centers around a cozy brick gas fireplace, accented by built-in shelving on either side. Step outside to the expansive backyard, perfect for entertaining guests, pets, or outdoor activities. A wonderful opportunity to own a move in ready home in a desirable neighborhood.
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| May 23, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017