1203 Wedgewood Drive
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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 |
|---|---|---|---|
| Jan 3, 2023 | Sold | ||
| Sold | |||
| Oct 19, 2022 | Listed by KW-Cedar Creek Lake Properties | $450,000 | |
| Listed by KW-Cedar Creek Lake Properties | |||
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Absolute best price per Sq.Ft. in all of Devonshire! Motivated Seller! You will love this spacious and open family floor plan with split bedrooms. Home is full of natural light, soaring ceilings and big windows throughout. Chef inspired kitchen offers gas range, huge island, breakfast bar, massive pantry and lots of cabinet space. Open design makes this home ideal for entertaining or you can enjoy cozy family time by the beautiful gas log fireplace. Big double door bonus room perfect for media, play room, crafts, sewing or gaming. French doors lead to airy home office or den. There is a covered front porch and big covered back patio in your private fenced yard. Master planned community offers hiking and biking trails, fishing lakes, playgrounds, swimming pools and splash pad. Truly something for everyone!
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| Apr 30, 2021 | Sold | ||
| Sold | |||
| Mar 12, 2021 | Listed by Keller Williams Realty Allen | $394,900 | |
| Listed by Keller Williams Realty Allen | |||
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Located in the highly sought after and established community of Devonshire this home is a gem! 4 bed, 3 bath, media room, study, formal dining room home all on ONE FLOOR. This home also offers a gorgeous stone fireplace, wood floors throughout most of the home, walk-in closets for all bedrooms and beautiful Silestone countertops with a designer backsplash in kitchen. Enjoy the stocked catch & release ponds, walking trails, pools and amenities of Devonshire while being minutes from shopping, restaurants, and lakes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017