12434 Wedgehill Lane
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 |
|---|---|---|---|
| Oct 11, 2022 | Sold | ||
| Sold | |||
| Aug 18, 2022 | Listed by Keller Williams Realty - Memorial | $404,500 | |
| Listed by Keller Williams Realty - Memorial | |||
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Don't miss out on this amazing corner-lot Energy Corridor home with tons of updates! This home sits in the middle of Ashford South on a quiet "U" shaped street, with an oversized front yard where the previous owners spent time with neighbors & friends. Inviting formal living room & dining room with modern chandelier. Oversized living room with vaulted ceilings, brick gas fireplace, & barn door. Wood-grain tile flooring installed throughout entire home! Updated kitchen with granite counters, gas range, travertine backsplash, & double oven. Refrigerator is included! Wet bar & massive gameroom/flex room (23x18) with exposed brick just off of the living room. Large master suite with double closets & updated master bathroom. There are two additional bedrooms with generous walk-in closets. Updated covered patio with pavers to enjoy the backyard’s beautiful oak tree! New Pex plumbing, recent HVAC & ducts, whole-home water filtration system, sprinkler system, new fence, gas range & much more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017