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760 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 |
|---|---|---|---|
| Dec 8, 2021 | Sold | ||
| Sold | |||
| Aug 20, 2021 | Listed by RE/MAX Big Bear | $489,900 | |
| Listed by RE/MAX Big Bear | |||
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Stylish remodel close to National Forest and ready to enjoy. Extensive re-do includes new luxury water-proof flooring, new kitchen cabinets, counters, farm sink, stainless appliances, custom tile backslash and bathrooms and more... Walls were removed, windows and loads of storage, including walk-in closet and pantry were added. You'll appreciate the upgraded finish and fixtures throughout. Open floor plan with kitchen, dining, living area and master-suite upstairs. Entry level offers two-bedrooms, additional living area with second fireplace and an office/gym or 4th sleeping area as well. Lots and lots of bang for your buck on this one. Perfect for full-time or vacation home living.
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| Sep 14, 2020 | Sold | ||
| Sold | |||
| May 25, 2020 | Listed by KELLER WILLIAMS BBLA | $285,000 | |
| Listed by KELLER WILLIAMS BBLA | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017