7827 Spruce Cove Drive
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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 9, 2022 | Sold | ||
| Sold | |||
| Dec 16, 2021 | Listed by Keller Williams Realty - Memor | $399,000 | |
| Listed by Keller Williams Realty - Memor | |||
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Rare opportunity to own a Victorian home AND on a cul de sac street. This is one of the largest homes and largest lots in the area! No back neighbor and huge backyard with a pool. Detached, 3 car garage with long driveway to accommodate all the family cars and for guests. Primary bedroom and secondary bedroom located downstairs- great for a nursery, office or anyone who wants to avoid the stairs. The primary bedroom features a seating area, walk in closet and direct access to the backyard. Upstairs you'll enjoy the gameroom, centrally located to the other 3 bedrooms- one of which has it's ensuite bathroom. There's also a small loft area - use to your imagination! Great space inside and out, make this home to suite your taste and your lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017