765 Spruce Lane
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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 |
|---|---|---|---|
| Feb 28, 2020 | Sold | ||
| Sold | |||
| Jan 22, 2020 | Listed by KELLER WILLIAMS REALTY | $239,900 | |
| Listed by KELLER WILLIAMS REALTY | |||
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Consider this clean, warm, inviting Sugarloaf cabin on a double lot near National Forest hiking trails! This home boasts a number of upgrades and amenities, including granite counters, solid wood cabinets, stainless steel appliances, a stone fireplace in the living room with wood stove insert controlled by Nest thermostat, as well a second Nest thermostat controlling the heater. There's a mosaic pebble feature in the tile shower, mirrored doors in the bedrooms, with a fireplace in one and an office nook in the other. With the tasteful neutral color palette, wood slat blinds, wood floors, clean carpet, tile, cabin decor, newer roof, newer paint, and dual pane windows, this home is woodsy and efficient. The large lot has a fenced backyard with a deck, which is great for kids, pets, and toys, as well as the home situated up off the street and surrounded by trees, providing a secluded feel. This move-in ready home could make a great vacation rental, mountain getaway, or residence.
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| Sep 28, 2018 | Sold | ||
| Sold | |||
| Aug 24, 2018 | Listed by Keller Williams Lake Arrowhead | $229,900 | |
| Listed by Keller Williams Lake Arrowhead | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017