86 Spruce Rd
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by Real Broker MA, LLC | $899,000 | |
| Listed by Real Broker MA, LLC | |||
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Welcome to a charming home in a quiet cul-de-sac neighborhood in Reading. With wonderful neighborhoods, a vibrant community, and an ideal location, it’s not just a place to live, it’s a lifestyle.Step inside this residence and be greeted by a spacious, sun-drenched living room, perfect for relaxing and entertaining. The home offers plenty of bedrooms and additional space in the lower level that can be used in various ways your imagination can take you.The expansive backyard is a private retreat for summer BBQs, gardening, or unwinding under the stars. The west-facing home allows you to enjoy morning sunrises that fill the home with natural light.Living in Reading offers a community rich with amenities. Take a short drive to Revere Beach, explore numerous parks and walk/jog trails, and enjoy the nearby golf courses. For an active lifestyle, there are plenty of tennis courts and bike paths. Book your private tour today!
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| Oct 31, 1991 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017