111 Wembley Way
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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 |
|---|---|---|---|
| Mar 6, 2023 | Sold | ||
| Sold | |||
| Jan 19, 2023 | Listed by Monument Realty | $349,999 | |
| Listed by Monument Realty | |||
| | |||
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Welcome to your new home located in the desired neighborhood of Lynden Park Estates just 5 miles from Lake Ray Hubbard. This home features 4 bedrooms, an office, and 2 full bathrooms. This modern home has been remodeled completely with new roof replacement in 2020, new water heater in 2021, and full interior and exterior painting. As you enter your new home you are greeted with custom accent walls and decorative lighting. Double door office is perfect for all your business needs. The open concept kitchen has been updated with custom cabinetry and quartz countertops. Tons of natural light and oversized windows are located throughout the home. Best of all only 5 min from the new Sapphire Bay Development. NO HOA
Master Bathroom is under current remodeling and will be complete in next couple of weeks.
Guest bathroom will also have new countertops and paint completed within the next weeks.
| |||
| Jul 7, 2020 | Sold | ||
| Sold | |||
| Mar 20, 2020 | Listed by JP and Associates McKinney | $245,000 | |
| Listed by JP and Associates McKinney | |||
| May 4, 2019 | No longer available | - | |
| No longer available | |||
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About Lynden Park Estates
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$2,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017