132 Wheeler Street
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 |
|---|---|---|---|
| Jun 24, 2014 | Sold | ||
| Sold | |||
| May 10, 2014 | Listed by LandVest, Inc. | $839,000 | |
| Listed by LandVest, Inc. | |||
| Jan 26, 2011 | Sold | ||
| Sold | |||
| Sep 8, 2010 | Listed by Coldwell Banker Realty - Gloucester | $669,900 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
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~Wheeler’s Point~ Direct Annisquam Riverfront property with 99-year Chapter 91 dock license. Enjoy boating, kayaking, swimming, and fishing direct from this property. Relax after a day of water sports to experience fabulous sunsets and spectacular water views. There are buffers on both sides with lots of trees to maintain privacy. Insulated year-round home in need of updating. This could be your Winter project that will bring years of enjoyment. It's all about the location and lifestyle!
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| Jun 24, 1987 | Sold | ||
| Sold | |||
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