1427 Wakefield 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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by Martha Turner Sotheby's International Realty | $875,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Welcome to your charming sanctuary in Oak Forest! This well maintained 4-bedroom, 3-bathroom home offers the perfect blend of modern convenience and timeless appeal. Boasting a prime location on a fabulous street, this residence was meticulously built from the foundation up in 2011, ensuring all-new mechanics, electrical, and plumbing systems. The heart of the home, the kitchen, underwent a tasteful renovation in 2017, showcasing top-tier appliances, abundant storage, and a sprawling island ideal for meal prep and casual dining. The elegant hardwood floors were refinished in 2019, there is no carpet in the entire home. A versatile first-floor bedroom with a full bath offers flexibility as a home office or guest suite. Outside, a detached 2-car garage with an automatic driveway gate provides added convenience. With its desirable features and proximity to Oak Forest Elementary, this property is an exceptional find in one of Houston's most coveted neighborhoods.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017