114 Wedgewood Drive
About This Property
Keep cozy (and thrifty!) with your Wood/Coal-burning fireplace, or take the party outside to your oversized rear deck with a brand-new Sunsetter awning. BBQs, birthdays, or just bragging rights-this setup covers it all.
The upgrade list reads like a wish list: 4-year-young architectural roof with a 50-year warranty, new propane gas boiler, central A/C, new water heater, three storage sheds, freshly sealed driveway (2025), plus Ring doorbell and Blink cameras-all staying put!
Tucked conveniently near restaurants, shopping, Port Jefferson, Patchogue, and just minutes to the LIRR. Bottom line: this home's got the looks, the upgrades, and the location. Don't just scroll-schedule it!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017