9 Spruce Street
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 |
|---|---|---|---|
| May 5, 2022 | Sold | ||
| Sold | |||
| Mar 28, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | In contract | - | |
| In contract | |||
| Dec 2, 2021 | Listed by Exit Realty Achieve | $470,000 | |
| Listed by Exit Realty Achieve | |||
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Welcome to 9 Spruce St in East Patchogue! This Beautiful Reverse Saltbox is an Absolute Must See! Located on a Dead End Street the Beautiful Yard Borders County Land that Leads to Swan River which Channels into Patchogue Bay. Enjoy the Breathtaking Views of Sunrise and Sunset from the Expansive Front Porch. As You Enter into this Charming Home, Enjoy the Open Concept Space of the Cozy Living Room, Formal Dining Room and Updated Eat In Kitchen with Shaker Doors, Stainless Appliances, Farm Sink, Granite Tops and High Top Dining Island! Head Down the Hall to the Updated Full Bathroom and the Large First Floor Bedroom. Head Upstairs to the Second Large Bedroom and The Primary Bedroom with an Updated Jack and Jill Bathroom. Upstairs also Features the Laundry Area and Plenty of Storage. Enjoy Dining and Relaxation Outside on the Deck with Views Similar to that of the Front Porch. *Perfect as a Primary Residence, Second Home or A Great Investment Airbnb Opportunity Earning $300+ a day!
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| Oct 6, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017