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1802 Wakefield Drive
About This Property
The first floor features hardwood flooring throughout, crown molding, a private study, formal dining room, and expansive open-concept living areas designed for everyday living and entertaining. The kitchen is equipped with a 48-inch range, butler's pantry, and generous prep and storage space. An oversized garage includes an extended storage area for added flexibility. All four bedrooms are located upstairs, creating separation between living and private spaces. The primary suite features rustic wood beam accents and a spacious layout. Secondary bedrooms are generously sized and well-positioned. The upper level also includes a dedicated media room, providing additional living and entertainment space.
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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 |
|---|---|---|---|
| Jul 24, 2026 | Sold | ||
| Sold | |||
| Jun 10, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 20, 2026 | Listed by Compass RE Texas, LLC - Houston | $1,149,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Apr 3, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017