5 Spencer 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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Listed | $645,000 | |
| Listed | |||
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Just move in and enjoy this beautiful home! Impeccably maintained inside and out, this home features an enclosed 3-season front porch updated in 2022 with vinyl flooring, perfect for your morning coffee. The spacious living room with hardwood floors offers room for a TV, desk, or reading nook, while the formal dining room boasts hardwood floors, wainscoting, and a built-in China cabinet. The eat-in kitchen is equipped with Maple cabinets, granite countertops, and brand-new appliances. Upstairs, you'll find two large bedrooms with skylights and updated vinyl flooring (2022), along with a full bathroom. The basement includes the washer & dryer, and a bonus sink, with a backyard shed for extra storage. Additional updates include a 2-year-old water heater. Conveniently located near the bus stop to Quincy Center MBTA (Red Line), Watson Park, Splash Pad, yacht clubs, Smith Beach, and Weymouth Landing.
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| Feb 5, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jan 22, 2025 | Listed by Keller Williams Realty | $599,900 | |
| Listed by Keller Williams Realty | |||
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***Open House Sat & Sun(1/25 & 1/26) 11 am - 1pm*** Just move in and enjoy this beautiful home! Impeccably maintained inside and out, this home features an enclosed 3-season front porch updated in 2022 with vinyl flooring, perfect for your morning coffee. The spacious living room with hardwood floors offers room for a TV, desk, or reading nook, while the formal dining room boasts hardwood floors, wainscoting, and a built-in China cabinet. The eat-in kitchen is equipped with Maple cabinets, granite countertops, and brand-new appliances. Upstairs, you'll find two large bedrooms with skylights and updated vinyl flooring (2022), along with a full bathroom. The basement includes the washer & dryer, and a bonus sink, with a backyard shed for extra storage. Additional updates include a 2-year-old water heater. Conveniently located near the bus stop to Quincy Center MBTA (Red Line), Watson Park, Splash Pad, yacht clubs, Smith Beach, and Weymouth Landing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017