83 Blue Spruce Way #83
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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Oct 29, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Price Decreased |
$609,000
↓ $20K
(3.2%) | |
| Price Decreased | |||
| Aug 28, 2024 | Price Increased |
$629,000
↑ $20K
(3.3%) | |
| Price Increased | |||
| May 22, 2024 | Listed by Keller Williams Realty | $609,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/22/2024
|
2 Bed
|
3 Bath
|
1644 ft²
|
$649,000
2 Bed
3 Bath
1644 ft²
|
$612,000
-5.70%
12/23/2024
|
Doreen Jardin
William Raveis R.E. & Home Services
| |
|
05/22/2024
| |
2 Bed
|
2.5 Bath
|
1644 ft²
|
$649,000
2 Bed
2.5 Bath
1644 ft²
|
-
-
|
Derouen Levinson Group
Keller Williams Realty
|
|
07/28/2017
| |
2 Bed
|
5 Bath
|
1744 ft²
|
$379,000
2 Bed
5 Bath
1744 ft²
|
$367,000
-3.17%
10/13/2017
|
Team Clay Realty Group
|
|
07/14/2017
|
2 Bed
|
3 Bath
|
1744 ft²
|
$379,000
2 Bed
3 Bath
1744 ft²
|
$367,000
-3.17%
10/13/2017
|
David A. Levinson
Keller Williams Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017