945 Spruce Dr
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 |
|---|---|---|---|
| Jul 24, 2024 | Sold | ||
| Sold | |||
| Jun 21, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by ASPEN LEAF REALTY | $829,000 | |
| Listed by ASPEN LEAF REALTY | |||
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This beautiful log home is your escape from the stress of life. The property borders National Forest and is a short walk to the Forebay. The living room features soaring ceiling with log walls and a cozy wood stove for mountain evenings. The large kitchen has plenty of cabinets and so much counter space. The eating island is perfect for entertaining. The primary bedroom has two primary baths complete with walk in closets and a private deck. Come upstairs to enjoy the large family room with views all around. Listen to the elk bugling, imagine the stars at night. The unfinished basement is waiting for a possible third bedroom (pending County approval). The property comes on 4 lots and an extra paid WATER TAP - if you want to build another house for a friends or family or divide it off. This is a must see property - add it to your must see list!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017