1723 Wade 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 |
|---|---|---|---|
| Nov 9, 2023 | No longer available | - | |
| No longer available | |||
| Sep 30, 2023 | In contract | - | |
| In contract | |||
| Sep 22, 2023 | Listed by Merrill & Associates Real Estate | $675,000 | |
| Listed by Merrill & Associates Real Estate | |||
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Welcome to 1723 Wade Drive! Discover California living in this captivating 3-bedroom, 2-bathroom, 1,458 +/- square-foot single-level retreat, nestled in a time-honored 1987 build. This home showcases a harmonious fusion of classic charm so step inside to be welcomed by a spacious living room graced by the warmth of a wood-burning stove, setting the stage for cozy gatherings. The open kitchen and dining room create an area for entertaining, adorned with a garden window that floods the space with natural light. Enjoy casual meals at the breakfast bar and savor the culinary journey in a kitchen featuring a stainless-steel appliance package and tile flooring. Outside, a backyard paradise awaits with a jacuzzi, embraced by a lush wisteria hedge that offers offering privacy and seclusion. The brick patio is designed for alfresco dining, complemented by a covered patio complete with a fan and ambient lighting. Entertain guests and showcase your culinary prowess with a Santa Maria style BBQ, ensuring memorable gatherings. Additional highlights include a 2-car attached garage for your convenience and an owned solar system. This property embodies the essence of California's indoor-outdoor lifestyle, making it a lovely place to call home. Embrace the charm of this great home and make it your own. Contact your Realtor® to schedule a private tour and embark on a journey to your dream home! Seller’s agent and Seller’s broker have not verified the accuracy of any information provided by any source(s). We make no claim(s) or warranty(s) with regards to any information provided, past, present, or future property conditions, investments, or uses. The manager has listed the unit size as 1458 square feet.
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| Jun 1, 2020 | Sold | ||
| Sold | |||
| Apr 1, 2020 | Listed by Webber-Nelson Real Estate, Inc | $489,900 | |
| Listed by Webber-Nelson Real Estate, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017