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5005 SPIRAL WAY
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 |
|---|---|---|---|
| Sep 26, 2026 | Price Decreased |
$395,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Sep 9, 2026 | Listed by NORKIS & CO REALTY | $400,000 | |
| Listed by NORKIS & CO REALTY | |||
| Feb 23, 2026 | Listed by EXP REALTY LLC | $450,000 | |
| Listed by EXP REALTY LLC | |||
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A WATERFRONT PARADISE WITH UNMATCHED FREEDOM – NO HOA! 5005 Spiral Way offers a unique lifestyle for those seeking peace, nature, and adventure. This exceptional property features its own PRIVATE DOCK, providing direct access to a magnificent THREE-LAKE CHAIN. Imagine the luxury of launching your boat, jet skis, or kayak directly from your backyard for a day of fishing or a sunset cruise.
Strategic Connectivity to Florida’s Best:
12 miles to Lake Nona Medical City and its world-class innovation.
19 miles to Orlando International Airport (MCO).
50 miles to Kennedy Space Center and the Atlantic beaches.
Just minutes away from the upcoming Premier Surfing Park, plus quick access to Disney and Universal Studios.
With NO HOA restrictions, you have the rare freedom to enjoy your land exactly as you wish. Whether you are looking for a quiet sanctuary surrounded by nature or a central hub close to Florida's top tech and entertainment destinations, this home is a rare find. Experience the best of waterfront living—Schedule your private tour today!
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| Jul 12, 2016 | Sold | ||
| Sold | |||
| Mar 8, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017