7 SPRUCE DRIVE
About This Property
Offering a comfortable and functional layout, this well-maintained home features numerous updates, including a newer furnace, central air conditioning and ductwork, hot water heater, updated electrical, newer roof and siding, plus low-maintenance Trex decking. A 100-amp subpanel provides additional electrical capacity and flexibility for that electric car/welder etc..
Step outside and enjoy a spacious backyard with plenty of room to relax, entertain and enjoy the outdoors. The yard features a gazebo, swing set, patio and storage shed, with ample space to store your boat during the winter months.
Conveniently located near local marinas, restaurants, shopping and all the recreation the Jersey Shore has to offer. Spend the day on Long Beach Island, head to Atlantic City for dining and entertainment, or simply enjoy everything Little Egg Harbor has right nearby.
With a great layout, generous property, valuable updates and a convenient location, this home is ready for its next owner. Come take a peek you may have just found the one!
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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 |
|---|---|---|---|
| Sep 19, 2026 | Price Decreased |
$399,900
↓ $20K
(4.8%) | |
| Price Decreased | |||
| Sep 3, 2026 | Listed by Keller Williams Realty - Atlantic Shore | $419,900 | |
| Listed by Keller Williams Realty - Atlantic Shore | |||
| Feb 26, 2021 | Sold | ||
| Sold | |||
| Jan 7, 2021 | Listed by Keller Williams Atlantic Shore | $239,900 | |
| Listed by Keller Williams Atlantic Shore | |||
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Welcome home, This 3br 1.5 bath home has been remodeled and updated quite nicely. Freshly painted and ready for your decor to make it all yours. New kitchen, granite counters and back splash, Complete stainless steel appliance package included. Full bathroom just redone, newer flooring throughout, Hot water baseboard heat & central a.c. 1 car garage for storage. Back yard is fenced & private with a deck, swings and play house, come and see this one, it won't last.
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Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Ocean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017