7 Spruce Street
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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 23, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $420,000 | |
| Listed | |||
| | |||
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Beautifully well maintained in town three bedroom, 2 full bath Cape with detached oversized 30X20 garage. This home features hardwood flooring throughout, with tile in Family room and baths. Lovely and spacious kitchen connect to a step down family room which opens to a large 18X13 deck. First floor bedroom option. Nice level backyard which offers gorgeous flower gardens. Walk to parks, train station and downtown. . The manager has listed the unit size as 1778 square feet.
| |||
| May 25, 2018 | Listed by Gilman Real Estate | $399,000 | |
| Listed by Gilman Real Estate | |||
| Feb 1, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017