7 Spruce Lane
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 |
|---|---|---|---|
| Jul 7, 2020 | Sold | ||
| Sold | |||
| Jun 15, 2020 | Listed by LAER Realty Partners | $250,000 | |
| Listed by LAER Realty Partners | |||
| Dec 6, 2017 | Sold | ||
| Sold | |||
| Nov 15, 2016 | Listed by LAER Realty Partners | $200,000 | |
| Listed by LAER Realty Partners | |||
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Green Acres Estates , a new APPROVED six lot subdivision. Beautiful wooded acre plus lots for sale. Natural gas and underground utilities. Septic designs in hand. Build your dream home. Owner is just selling the lots, buyers are responsible for all permitting. Minutes to route 93
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017