18304 WACHS TERRACE
About This Property
It has unlimited potential to create a dream home offering a forever home layout in a prime location. Please note this home is being sold completely in AS-IS CONDITION allowing the opportunity to update to personal taste. A true blank canvas ready for you to start your masterpiece. The property has a completely fenced backyard with a pool ( that has not been used in anumber of years) The price reflects the condition and no HOA in the neighborhood.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Sold | ||
| Sold | |||
| Sep 3, 2026 | In contract | - | |
| In contract | |||
| Aug 1, 2026 | Listed by EXP Realty, LLC | $575,000 | |
| Listed by EXP Realty, LLC | |||
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About Olney
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$2,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017