11695 Wembley Drive
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 |
|---|---|---|---|
| Apr 8, 2024 | Sold | ||
| Sold | |||
| Mar 2, 2024 | Listed by Baird & Warner | $300,000 | |
| Listed by Baird & Warner | |||
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This beautiful home is the perfect package of everything you need to move right in and start enjoying all the advantages of life in Sun City! You'll love the natural light spilling in from abundant windows that also offer lovely outdoor views and the tray ceiling effect that offers an elevated look. With an open floorplan and high-end upgrades selected by a professional designer, there is a lot packed into this home that lives much larger than it looks! The home flows easily and is built for everyday living and entertaining. The kitchen is the centerpiece and boasts maple cabinets, a Kohler farmhouse sink with custom insert, 5-burner gas range, extra-quiet dishwasher and disposal, and an elegant glass tile backsplash. Valuable counter space provides an opportunity for multiple prep & serving areas, a coffee station, and even a conversation bar at the opening to the Living/Dining area if you add a couple bar height stools. The Living Room is the perfect place to relax and get lost in a good book or your favorite show while enjoying the views through the oversized windows. Bathrooms feature multi-function spa shower heads and the owner's suite has an extra-large walk-in shower with glass doors and bench plus ceiling heater, and the guest bath has a tub/shower combo with bright Sun Tunnel skylight. Maintenance-free Pergo flooring in living and dining room, with matching cushioned vinyl flooring in owner's bedroom. Ceiling fans, updated LED light fixtures, and custom honeycomb shades and draperies throughout. This home is extremely well cared for. Evergreen trees lend privacy to the backyard patio, and the welcoming front porch invites relaxation over morning coffee. Nothing to do but move in and enjoy all the amenities this active adult 55+ community has to offer!
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| Feb 1, 2024 | Sold | ||
| Sold | |||
| Dec 11, 2023 | Listed by Coldwell Banker Realty | $299,995 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017