7 Spruce Hollow 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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2023 | In contract | - | |
| In contract | |||
| May 27, 2023 | Listed by KELLER WILLIAMS WEST MONMOUTH | $649,000 | |
| Listed by KELLER WILLIAMS WEST MONMOUTH | |||
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Beautiful Colonial located in the desirable Pointe O Woods development! This 4BR, 3.5 Bath Home has an abundance of amenities and was the original Model Home! As you enter you will be captivated by the dramatic 2 Story Entry & LR which has decorative Transom Windows allowing natural light to pour into the room! This flows nicely into the Formal DR! There are Sliding Doors out to the 1st Deck form the LR as well! The Spacious Kitchen is Spectacular for Entertaining; with an open Floor Plan that has a Large Peninsula w/Seating an Expansive Dinette area & FR with Fireplace and a 2nd Slider out to an additional backyard deck! First Floor Den/Office or Mother/Daughter has it's own entrance! Can also be converted to a Garage! Generous sized BR's, one having a quaint Window Seat! Washer/Dryer RM on 2nd Floor! The MBR En Suite has a stunning Vaulted Ceiling making the space feel bright & airy! The Master Bath has a Stall Shower & Tub! The Finished Basement also has a Den/Office, Adjoining Full Bath, a Recreational Rm, Gym area & ample closet storage! The Yard has two decks, one with built in seating, and overlooks the Woods for privacy! The Point O Woods Community offers a Pool, Clubhouse & Tennis Courts for an additional fee if you would like to join! This home is convenient to Route 9 Commuting to NYC, Highways, Shopping and not too far from the Beaches! Highest & Best By Monday 5:00 pm 6/5/2023
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| May 23, 2023 | No longer available | - | |
| No longer available | |||
| May 9, 2023 | Relisted | $689,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017