1602 Wickapecko Drive
About This Property
of land are all part of an Estate and its Agents and Representatives have no additional information other than what is included in this listing. We do not have a
Survey. These are speculative purchases. Interested parties are urged to do their own research before submitting offers. The Seller cannot provide any financing.
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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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 29, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | $12,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | |||
| May 24, 2024 | No longer available | - | |
| No longer available | |||
| Sep 16, 2023 | Listed by Berkshire Hathaway HomeServices Fox & Roach, Realtors | $12,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach, Realtors | |||
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It is unlikely that this can be developed without a variance and it cannot be sold subject to any approvals. But the rewards are great if you succeed. These pieces of land are all part of an Estate and its Agents and Representatives have no additional information other than what is included in this listing. We do not have a Survey. These are speculative purchases. Interested parties are urged to do their own research before submitting offers. The Seller cannot provide any financing.
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About Wanamassa
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Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22421011
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017