1622 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 |
|---|---|---|---|
| May 10, 2022 | Sold | ||
| Sold | |||
| Dec 6, 2021 | Listed by Coldwell Banker Realty | $1,299,000 | |
| Listed by Coldwell Banker Realty | |||
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Coming Soon! Beautiful New Construction Home in the highly sought after Oak Forest. Quality and Craftsmanship brought to you by Hess Homes. New Construction all around. Hess homes offer hardwood flooring, and porcelain tile in utility and baths. Custom Cabinetry with “soft close” doors and drawers. Stunning Granite counters, Marble Backsplash and high end fixtures. Summer Kitchen, large covered patio, and room for a pool. Primary Bedroom is located on the first floor and has cathedral ceilings. Primary Bath has separate soaker tub, and Huge walk-in shower, large walk-in closet with direct access to the utility room. Formal and Informal Dining Rooms, Kitchen Island, Butler’s Pantry and huge walk-in pantry. Game room and study on 2nd floor. Study can also be a 5th Bedroom. 4 Full Baths and a Powder Room. Home will be ready April 2022. You will love Oak Forest. Easy access to major freeways, minutes from the Heights and downtown. Restaurants, and shopping all around.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017