1816 Wedgemere Road
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 |
|---|---|---|---|
| Feb 10, 2016 | Sold | ||
| Sold | |||
| Dec 26, 2015 | Listed by Canvas Real Estate & Investmen | $569,900 | |
| Listed by Canvas Real Estate & Investmen | |||
| Aug 27, 2015 | Sold | ||
| Sold | |||
| Jul 26, 2015 | Listed by Keller Williams Realty | $400,000 | |
| Listed by Keller Williams Realty | |||
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Attention CASH BUYERS, INVESTORS, AND FLIPPERS!!! Looking for a property that needs work to purchase for yourself or flip? Act now or regret later! 12,900 lot sq footage to use or develop anyway you want. Great neighborhood that anyone would want to raise their kids in. Very Good Unified School District in Highly Desired Fletcher Hills. Show it asap and put in your offer. This will go fast. Neighborhoods: Fletcher Hills Equipment: Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017