12119 WHEELING AVENUE
About This Property
This move-in ready home offers fresh paint, new carpet, updated stainless steel kitchen appliances, vaulted ceilings, and bright, open living spaces that feel warm and welcoming from the moment you walk in. The finished walk-out basement with a full bath provides flexible space for guests, a home office, recreation, or additional living needs. Enjoy a private deck overlooking a peaceful, wooded backyard, perfect for relaxing or entertaining. Conveniently located near Rosaryville State Park, community amenities, and major commuter routes with easy access to DC, Baltimore, and Annapolis. Schedule your tour today.
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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 |
|---|---|---|---|
| May 7, 2026 | Sold | ||
| Sold | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Relisted | $445,000 | |
| Relisted | |||
| Mar 27, 2026 | Price Decreased |
$425,000
↓ $20K
(4.5%) | |
| Price Decreased | |||
| Feb 6, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017