5611 Spanish Horse
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 |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$1,250,000
↓ $50K
(3.8%) | |
| Price Decreased | |||
| Aug 5, 2026 | Price Decreased |
$1,299,900
↓ $90K
(6.5%) | |
| Price Decreased | |||
| Jul 6, 2026 | Listed by HomeSmart Realty West | $1,389,900 | |
| Listed by HomeSmart Realty West | |||
| Mar 16, 2017 | Sold | ||
| Sold | |||
| Feb 4, 2017 | Listed by Sterling Real Estate Services | $780,000 | |
| Listed by Sterling Real Estate Services | |||
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The Reynolds Model/Executive Home located in Marisol at Ocean Ranch.This Master Planned Community was Developed by Meritage in 2013.Home is Immaculate & Ready For YOU! Features include:3,169sqft/10,196sqft lot/Spacious 5BR,3BA,3Car garage.Two-story Open Foyer,Exquisite Hardwood&Ceramic Flooring,In Pristine Condition&Upgraded with No Details Ignored!Gourmet/Chef's Kitchen w/Upgraded Stainless Steel Appliances&Cabinetry.Optional Layout:Formal Living Room/Formal Dining Room/Office Suite!Endless Options! Neighborhoods: Marisol Equipment: Fire Sprinklers,Garage Door Opener, Range/Oven, Shed(s) Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017