88 Spruce St
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 |
|---|---|---|---|
| Apr 23, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 2, 2026 | Price Decreased |
$249,900
↓ $30K
(10.7%) | |
| Price Decreased | |||
| Mar 26, 2026 | Listed by Mercury Real Estate | $279,900 | |
| Listed by Mercury Real Estate | |||
| | |||
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POTENTIAL FOR FIVE BEDROOMS and situated on an oversized lot of almost 3/4 of an acre of an impressive level yard, which could have ADU possibilities as well! Nine rooms total, 1st floor bedroom option, nearly new walk-in shower/tub unit in the first floor bathroom. Recent roof and vinyl siding and some replacement windows. Two nice storage sheds. Nice option for a Buyer looking for a large home at an affordable price!
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| Jan 21, 2022 | Sold | ||
| Sold | |||
| Aug 7, 2021 | Listed by Sparks Real Estate | $224,900 | |
| Listed by Sparks Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017