601 SPRUCE ST
About This Property
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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%.
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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.
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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 10, 2025 | Price Decreased |
$360,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Mar 13, 2025 | Price Decreased |
$369,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jan 27, 2025 | Listed | $375,000 | |
| Listed | |||
| | |||
|
Wonderful 3BR/1.5BA Colonial-style home on a spacious corner lot w/ 2-car garage. Just a block from the Riverline, & a few minute walk to the Delaware River.
Lovely wrap-around porch to sit & enjoy your morning coffee or a glass of wine in the evening.
16x34 2-car detached garage has a water hook up and 50-amp electrical service.
First floor features a family room, den/office/play area, formal dining room, kitchen w/ newer appliances, & a beautiful half bath.
Second floor features the primary bedroom w/ 10x12 walk-in closet, a beautiful full bathroom, & a second bedroom. Go up to the third level for a 3rd bedroom which could also function as an office area, playroom, etc.
Basement for storage. Huge deck in the fenced backyard & plenty of space to entertain.
| |||
| Mar 15, 2022 | Sold | ||
| Sold | |||
| Dec 31, 2021 | Listed by RE/MAX ONE Realty-Moorestown | $309,000 | |
| Listed by RE/MAX ONE Realty-Moorestown | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017