1136 Wales Drive
About This Property
Features: 4 bedrooms 3 baths (one has access to pool), formal living and dining, huge kitchen, den, split bedrooms, whole house fan, tons of windows AND storage! Pool has propane for heating.
Bring your imagination--pristine condition, but has not been updated. Pool has attached spa, but Free standing hot tub does not convey with property.
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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%.
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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 4, 2021 | Sold | ||
| Sold | |||
| Aug 4, 2021 | Listed by Texas Best Properties | $574,900 | |
| Listed by Texas Best Properties | |||
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Custom beauty that has all the bells and whistles. Open floor plan, very large open kitchen, split 4 bedrooms, full pool bath, HUGE master, north-south exposure, oversized 3 car garage and is sited on one half acre. Great pool with attached spa with tons of entertaining space.
Features: 4 bedrooms 3 baths (one has access to pool), formal living and dining, huge kitchen, den, split bedrooms, whole house fan, tons of windows AND storage! Pool has propane for heating.
Bring your imagination--pristine condition, but has not been updated. Pool has attached spa, but Free standing hot tub does not convey with property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017