5423 Spencer Ln
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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | Listed by Compass | $759,900 | |
| Listed by Compass | |||
| Oct 22, 2021 | No longer available | - | |
| No longer available | |||
| Aug 19, 2021 | Price Decreased |
$525,000
↓ $50K
(8.7%) | |
| Price Decreased | |||
| Mar 31, 2021 | Listed by COMPASS | $575,000 | |
| Listed by COMPASS | |||
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Presenting a tidy residence in a cul-de-sac in Camino Hills, a 55+ community that is neat as a pin! You own the land, and its located less than 5 miles to the beach. This sweet manufactured home is comfortable and well-maintained and says ''Welcome'' starting from the charming front porch. Enter the spacious living room with vaulted ceilings and lots of light coming in through all newer dual-paned windows. The dining area is good-sized and off of the living room and kitchen. The kitchen offers ample counter space and cabinets, a skylight, and includes all appliances: gas stove, side-by-side refrigerator and dishwasher. From the dining room, the kitchen wraps around into a large, light-filled breakfast nook. The en-suite bedroom and bath are impressive-- the bedroom is vast with vaulted ceilings and an enormous walk-in closet. The bathroom features a dual sink vanity, a spa bathtub and separate shower. The second bedroom is cozy and has a newer glass door for access to the inviting backpatio. The second full bathroom is bright with a skylight and has an easy step-in shower. The laundry room has a low counter for sitting as you fold your clothes and allows access to the driveway. The enchanting back patio is sheltered, has a landscaped slope and is home to a very prolific peach tree. All the windows are newer and dual-paned, and they have updated shades. All rooms offer ceiling fans, but central AC cools the house on those hot days. There's a 1-car garage & a 3-car carport. The manager has listed the unit size as 1764 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017