65 Spruce 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 |
|---|---|---|---|
| Dec 15, 2022 | Sold | ||
| Sold | |||
| Oct 6, 2022 | Listed by O'Brien Realty, LLC | $649,900 | |
| Listed by O'Brien Realty, LLC | |||
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Nestled on one of one of Shrewsbury's quaint tree lined streets sits this charming 3 bedroom, 2 bath split with it's inviting rocking chair front porch. Set on a 75 x 168 foot lot this home is an ideal location for those with school aged kids. Chefs kitchen is 2 years young with granite counters and SS appliances. Newer guest bathroom. Master bedroom suite is it's own level and very private. Lower level is perfect for kids hangout or bonus room. Generously sized deck overlooks the park like backyard. Shrewbury's blue ribbon school and The Grove are both an easy bike ride or walk. Close to NYC train, ferry, GSP and easy access to downtown Red Bank make this the commuters delight!
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| Jul 24, 2013 | Sold | ||
| Sold | |||
| May 24, 2013 | Listed by Heritage House Sotheby's International Realty | $389,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017