15 Spencer Drive
About This Property
Designed for comfort and accessibility, the home features a wheelchair ramp and a spacious layout including a large Living Room, formal Dining Room, and a bright Kitchen - both with doors leading to the rear deck and backyard oasis. The Primary Bedroom and a second oversized Bedroom are served by a full Hall Bath. The walk-out Lower Level offers incredible flexibility with an open, unfinished space, a half bath setup, utilities, and a two-car tandem garage - ideal for storage, a workshop, or future finished space. Whether you're downsizing, seeking accessibility, or looking for privacy close to town, 15 Spencer delivers.
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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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed by RE/MAX Town & Country | $400,000 | |
| Listed by RE/MAX Town & Country | |||
| Feb 20, 2025 | Relisted | $399,000 | |
| Relisted | |||
| Feb 13, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017