7 Spruce Tree Ln #21
About This Property
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Cap Rate Calculator
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/28/2016
|
2 Bed
|
1 Bath
|
1188 ft²
|
$209,900
2 Bed
1 Bath
1188 ft²
|
$210,500
+0.29%
03/29/2016
|
Kathy Portway
Success! Real Estate
| |
|
07/01/2015
|
2 Bed
|
2 Bath
|
1188 ft²
|
$199,900
2 Bed
2 Bath
1188 ft²
|
$190,000
-4.95%
08/20/2015
|
Jim Madden
CENTURY 21 Ed Pariseau, REALTORS®
| |
|
04/15/2010
|
2 Bed
|
1 Bath
|
1188 ft²
|
$209,900
2 Bed
1 Bath
1188 ft²
|
-
-
|
David Dubak
Century 21 North East
| |
|
04/19/2009
|
2 Bed
|
2 Bath
|
1188 ft²
|
$204,900
2 Bed
2 Bath
1188 ft²
|
$204,900
06/26/2009
|
Gil Campos
RE/MAX Real Estate Center
| |
|
10/29/2007
|
2 Bed
|
1 Bath
|
1188 ft²
|
$209,000
2 Bed
1 Bath
1188 ft²
|
$190,000
-9.09%
02/07/2008
|
Doug Crane
Conway - Whitman
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017