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12882 E WHEELER
About This Property
This 3-bedroom, 2-bathroom home, built in 1970, offers the freedom of no HOA or CDD restrictions and sits on a beautiful, sprawling lot with plenty of room to grow. Ideal for buyers seeking privacy, space, and the opportunity to create your perfect lifestyle.
Hobbyists and outdoor enthusiasts will love the large powered storage barn and additional powered shed-perfect for workshops, equipment, boats, or RVs. The property includes two gated entrances (with an oversized RV/boat gate), a working well, and a septic system.
This home is ready for your personal updates, allowing you to customize it exactly to your taste and add significant equity right away.
If you're dreaming of peaceful country living with endless potential, don't miss this one. Schedule your private showing 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017