14 Wheeldon LANE
About This Property
Welcome to this meticulously maintained property featuring a range of valuable updates and amenities, including a remodeled kitchen in 2015 with all-new LG Matching Stainless Steel kitchen appliances. These appliances, including the over-the-stove microwave, range, side-by-side refrigerator, and dishwasher, were just installed in October 2023. A roof replacement took place in February 2020 and a new hurricane garage door was installed in January 2020, ensuring year-round comfort and peace of mind. The home boasts a spacious bonus room, vaulted ceilings, and new screened-in back porch for your outdoor enjoyment. Additionally, you will find a substantial 15x20 shed with power, several skylights, and elegant tile flooring throughout, with the exception of the bedrooms that are covered with new carpet. This home is conveniently located in the heart of Palm Coast, making it easy to access restaurants, shopping, and it is just a short 15-minute drive to the beautiful Flagler beach. This home combines both functionality and modern upgrades to provide you with a comfortable and inviting living experience!
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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 |
|---|---|---|---|
| Jan 16, 2024 | Sold | ||
| Sold | |||
| Dec 7, 2023 | In contract | - | |
| In contract | |||
| Nov 28, 2023 | Price Decreased |
$299,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Oct 30, 2023 | Listed by ONE SOTHEBYS INTERNATIONAL REALTY | $309,000 | |
| Listed by ONE SOTHEBYS INTERNATIONAL REALTY | |||
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About Pine Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017