1505 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%.
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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 |
|---|---|---|---|
| Aug 28, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2023 | Listed by Compass RE Texas, LLC | $1,550,000 | |
| Listed by Compass RE Texas, LLC | |||
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This stunning residence rivals new construction and offers luxurious & modern living. As you enter the home, you are greeted by a grand entry foyer, a gorgeous staircase and beautiful hardwood flooring. Off the foyer, you will find the study with an ensuite bath. Next up is the generous dining room with access to the wine room. The open-plan living space includes a great room featuring a fireplace flanked by open shelving & access to the backyard, which has ample space for a pool. The kitchen is a Chef's dream, with a built-in breakfast banquet, butler's pantry/wine bar & top-of-the-line appliances. Upstairs, the primary suite is a true retreat, featuring a gorgeous "spa-like" bath & a boutique-style walk-in closet. There are three additional secondary suites, each with ensuite baths, a den/game room, providing plenty of space for family & guests. Additional features include a utility room with sink, mud room, outdoor kitchen, covered back patio, and a turfed back yard.
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| Apr 7, 2021 | Sold | ||
| Sold | |||
| Nov 28, 2020 | Listed by Compass RE Texas, LLC | $1,325,000 | |
| Listed by Compass RE Texas, LLC | |||
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Another beauty by the highly sought after Venice Custom Homes! Contemporary elegance with a well thought out and spacious layout. Master bedroom suite offers separate luxury bath and gorgeous custom closet. Exquisite hand selected light fixtures throughout. Subzero/ Wolf appliances. Quality finishes. First floor study with a full bath can be used as a 5th bedroom. Fabulous backyard space with plenty of room for a pool! Zoned to Oak Forest Elementary. No previous flooding.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017