86 Spruce Street
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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 |
|---|---|---|---|
| Oct 27, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | Listed by RE/MAX Northern Edge Realty LLC | $165,000 | |
| Listed by RE/MAX Northern Edge Realty LLC | |||
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This single-family home offers a solid start in a desirable neighborhood. Featuring 4 bedrooms, 1 full bath, and a 1-car garage, there’s plenty of space to grow, work, or relax. The roof was replaced in 2018, and the home comes with newer appliances—so the essentials are covered. The house was also equipped with solar panels, cutting costs on the electric bill. Current lease to be negotiated. Whether you're a first-time buyer or looking for a home with great potential, this home is move-in ready and waiting for your personal updates. With its location and solid bones, it's a smart opportunity you won’t want to miss.
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| Jun 29, 2015 | Sold | ||
| Sold | |||
| May 1, 2013 | Listed by EXIT Realty Trailblazers | $49,900 | |
| Listed by EXIT Realty Trailblazers | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017