1311 Wedgewood Drive
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 |
|---|---|---|---|
| Feb 28, 2024 | Sold | ||
| Sold | |||
| Jan 8, 2024 | Listed by Coldwell Banker Apex, REALTORS | $449,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Sophisticated Elegance in Cleburne's Prized Location
This stunning 3BR 2.5BA home, equipped with 3 car garage, offers a flexible floor plan with an option for a 4th bedroom or office. Embrace cozy living with a towering fireplace adorning the large family room. Interior highlights include laminate wood flooring, plantation shutters, natural flow of light, and an abundance of storage. Ease of living features such as handicap accessibility, a split-bedroom plan, formal dining, and breakfast nook off the kitchen. Enjoy culinary arts in a kitchen replete with walk-in corner pantry and built-in appliances. Externally, a spacious back covered patio fits for relaxation, sprinkler system for easy maintenance, elegant red brick with cast stone accents, and exterior lighting. An iconic flagpole right in the front yard enhances curb appeal.
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| Dec 20, 2021 | Sold | ||
| Sold | |||
| Nov 20, 2021 | Listed by The Sales Team, REALTORS DFW | $339,900 | |
| Listed by The Sales Team, REALTORS DFW | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017