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129 Wheeler Avenue
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 15, 2011 | Sold | ||
| Sold | |||
| May 18, 2011 | Listed | $99,900 | |
| Listed | |||
| Feb 19, 2010 | Listed by William Raveis R.E. & Home Services | $129,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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A Dollhouse! Fabulous opportunity for anyone who needs a nice economical home. East ForPark is the setting for this 2 bedroom Ranch featuring newer carpeting in the Living Room, an enclosed porch, natural gas heat & hot water, central air and a dry insulated basement with high ceiling! Enjoy an oversized detached garage with work area & electric door opener plus an easy care yard with stockade fence. Put that first time home buyer tax credit to work for you today. Near schools,busline&shops.
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| Jan 25, 2008 | Sold | ||
| Sold | |||
| Nov 14, 2007 | Listed by Atlantic Realty Advisors | $149,900 | |
| Listed by Atlantic Realty Advisors | |||
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Perfect starter home on quiet street in East Forest Park's best neighborhood. Nice yard with stockade fencing. Oversized detached one car garage with work area and electric door opener. Natural gas heat and hot water. Dry insulated basement with high ceiling, ready for you to finish. Ready for immediate occupancy.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017