12 Wheeler St
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 |
|---|---|---|---|
| Jul 2, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by RE/MAX Beacon | $523,000 | |
| Listed by RE/MAX Beacon | |||
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This two bedroom home located in the Riverdale area of Gloucester not only has seasonal peeks of Mill Pond, but it's only a short distance to the entrance of Poles Hill and Corliss Landing at the Annisquam River. The newer updated fully applianced kitchen can accommodate all your friends for dinner and just hanging out. The living room overlooks a yard and garden of flowering perennials and mature shrubs and you can smell the lilacs this time of year. There is truly an oasis behind the house that has a patio for quiet enjoyment of a good book or entertaining friends and family. The full bath has also been recently updated and the current owner has made other improvements. The room between the kitchen and living room can be used as an office area or for a dining room. One car garage. Video at You Tube. Floor Plan Available
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| Oct 4, 2021 | Sold | ||
| Sold | |||
| Aug 12, 2021 | Listed by RE/MAX Beacon | $415,000 | |
| Listed by RE/MAX Beacon | |||
| May 1, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017