4233 SPICETREE STREET
About This Property
Distinguished by its spacious great room layout, the home features an expansive open kitchen with modern stainless-steel appliances, granite counter tops, abundance of cabinetry, and a breakfast bar, perfect for hosting gatherings. This home offers a living room, dining space, and family room. The family room is positioned towards the rear of the home and features a wall of sliding doors and a view of the pond. The primary suite boasts bamboo flooring, an updated en suite bath, and an impressive 10 x 16 walk-in closet with custom built-ins that is both stylish and functional. The guest suite, also adorned with bamboo floors, includes a convenient murphy bed, en suite bath, built-in desk area, and storage. A versatile bonus room provides flexibility as a home office, den, or crafting space. There are plantation shutters on most of the windows and the sliding glass doors off the family room features medium density solar shades. Outdoor living is enjoyed on the charming patio and garden area overlooking the serene lake. The 3 solar panels are owned and fully paid for, contributing to energy efficiency and cost savings. 1 solar panel is dedicated to the hot water heater, the 2nd panel is dedicated to the attic fan, which blows the hot air out of the attic, and the 3rd panel benefits the home. The (2019) HVAC has a UV light. The electrical panel box is complete with a surge protector. Additional noteworthy updates include fresh interior paint (2024), solar panels (2010), impact windows as well as hurricane-resistant sliding doors, and garage impact door (2010), barrel tile roof with double roof tie downs (2010), a new garage door opener (2022), and an epoxy-coated garage floor. The community amenities, including a pool and clubhouse, provides opportunities for social engagement. With minimal HOA fees, no CDD fees, and access to top-rated schools, this property presents an opportunity for discerning buyers. Schedule your private viewing today to experience the allure of this exceptional home. Please copy and paste the following link to view the luxury video: https://iframe.videodelivery.net/59624e3ea35ef1ee05d8d3
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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 18, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Mar 4, 2025 | Price Decreased |
$325,000
↓ $34K
(9.5%) | |
| Price Decreased | |||
| Dec 28, 2024 | Relisted | $359,000 | |
| Relisted | |||
| Dec 26, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017