5641 SPA Drive
About This Property
The remodeled kitchen is equipped with elegant granite countertops and flows seamlessly into the living area, enhanced by recessed lighting, upgraded crown and base moldings, and luxury vinyl plank flooring. CENTRAL AIR & HEAT too.
Enjoy year-round comfort in the enclosed patio room (this room is not included in the home square footage) with double-pane windows, perfect for relaxing or entertaining.
The epoxy-coated garage offers a tidy space for storage and projects with a workbench and laundry area.
With its prime location and tasteful upgrades, this home is a must-see! A close drive to the Bolsa Chica Ecological Reserve, Bolsa Chica, Seal and Huntington Beaches. This is a very well cared for home.
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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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Oct 21, 2024 | In contract | - | |
| In contract | |||
| Oct 5, 2024 | Listed by Seven Gables Real Estate | $1,299,000 | |
| Listed by Seven Gables Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017