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5502 Wendy Circle
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 |
|---|---|---|---|
| Jul 9, 2022 | No longer available | - | |
| No longer available | |||
| Jun 15, 2022 | In contract | - | |
| In contract | |||
| May 11, 2022 | Listed by Seven Gables Real Estate | $1,899,000 | |
| Listed by Seven Gables Real Estate | |||
| | |||
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Welcome to 5502 Wendy Circle! This 4 bed 2 ½ bath home sits on an oversized9,500 sq ft. lot in a cozy cul-de-sac with only 8 other homes. A stone's throw awayfrom the neighborhood park and the Bolsa Chica Wetlands with its many trails, it's alocation that is tough to beat! Step inside the double doors and fall in love with thelight and bright space created by the vaulted ceilings and many windows completewith custom shutters. The downstairs floor plan flows from room to roomseamlessly, with the kitchen as the bridge between the family, dining and livingroom. The beautiful kitchen is fully equipped with stainless steel appliances, aThermador range, granite countertops, and a built-in coffee machine ready to gowhen you are! Rounding out the first floor is a powder room and direct access toyour 3 car garage with a hideaway office/man cave/craft room space which has recently been painted,drywalled and epoxied. Make your way upstairs to find your spacious primarybedroom with a spa-like bathroom boasting dual vanities, gorgeous walk-in shower,soaking tub and extra cabinet space. In addition 3 generously sized bedrooms andfull bath complete the second floor. Enjoying your home doesn’t stop there though!From your cozy family room with a brick fireplace step out onto the patio to enjoythe home's large park-like backyard. Amenities include a fire pit, luxury built in BBQisland complete with a mini fridge, and grassy area right next to your pool and spa.Additionally the home has new interior and exterior paint, a new RV Parking Pad 70ft X 12 Ft and Paid Solar Panels - with the work done foryou all you need to do is turn the key! Location and neighborhood really make thishome extra special, a short bike ride to the beach, minutes from the freeway, excellent schools and allthe shopping and dining options you could want. Get ready to call 5502 WendyCircle home! The manager has listed the unit size as 1920 square feet.
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| Apr 8, 2020 | Sold | ||
| Sold | |||
| Mar 2, 2020 | Listed by RE/MAX Select One | $1,275,000 | |
| Listed by RE/MAX Select One | |||
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About Huntington Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017